| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.7B | 5.9% | -0.6% |
| Op. Income | $158M | -$108M | $55M | 247.1% | 189.3% |
| Gross Margin | 54.1% | 35.1% | 53.7% | 19.0pp | 0.4pp |
| Net Margin | 18.9% | -3.7% | 1.9% | 22.6pp | 17.0pp |
| EPS (Diluted) | $5.76 | $-1.05 | $0.54 | 648.6% | 966.7% |
| Free Cash Flow | $145M | $354M | $159M | -59.0% | -8.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $760M |
| GROSS PROFIT | $896M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $738M |
| Operating Expenses | $738M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $158M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | -$155M |
| Net Income from Continuing Ops | $313M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $313M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $0 |
| EBIT | $171M |
| EBITDA | $171M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $760M |
| GROSS PROFIT | $896M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $738M |
| Operating Expenses | $738M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $158M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | -$155M |
| Net Income from Continuing Ops | $313M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $313M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $0 |
| EBIT | $171M |
| EBITDA | $171M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $313M |
| Depreciation & Amortization | -$104M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$726M |
| Change in Working Capital | $650M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $928M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$299M |
| Net Debt Issuance | $293M |
| Common Stock Repurchased | -$132M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $143M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $997M |
| Short-Term Investments | $9.9B |
| Net Receivables | $11.2B |
| Inventory | $0 |
| Other Current Assets | -$22.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $348M |
| Goodwill | $918M |
| Intangible Assets | $313M |
| Long-Term Investments | $11.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$12.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $31.8B |
| Account Payables | $3.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.3B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $128M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $27.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | $234M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $11M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $31.8B |
| Total Debt | $1.1B |
| Net Debt | $71M |
