| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | — | -2.7% | — |
| Op. Income | $241M | $400M | — | -39.8% | — |
| Gross Margin | 38.1% | 44.3% | — | -6.2pp | — |
| Net Margin | 7.5% | 16.3% | — | -8.9pp | — |
| EPS (Diluted) | $0.92 | $2.07 | — | -55.6% | — |
| Free Cash Flow | $11M | $138M | — | -92.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $943M |
| GROSS PROFIT | $581M |
| R&D Expenses | $0 |
| Selling & Marketing | $63M |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $277M |
| Operating Expenses | $340M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $241M |
| Interest Income | $7M |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $231M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $82M |
| EBIT | $318M |
| EBITDA | $400M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $943M |
| GROSS PROFIT | $581M |
| R&D Expenses | $0 |
| Selling & Marketing | $63M |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $277M |
| Operating Expenses | $340M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $241M |
| Interest Income | $7M |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $231M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $82M |
| EBIT | $318M |
| EBITDA | $400M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $180M |
| Capital Expenditure | -$169M |
| Acquisitions (Net) | -$2.0B |
| Purchases of Investments | -$185M |
| Sales/Maturities of Investments | $324M |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $342M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $311M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $328M |
| Short-Term Investments | $1.3B |
| Net Receivables | $302M |
| Inventory | $47M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $5.7B |
| Goodwill | $1.9B |
| Intangible Assets | $155M |
| Long-Term Investments | $304M |
| Tax Assets | -$304M |
| Other Non-Current Assets | $169M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $92M |
| Short-Term Debt | $319M |
| Deferred Revenue | $849M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $640M |
| Deferred Tax Liabilities | $463M |
| Other Non-Current Liabilities | $748M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$443M |
| Accum. Other Comp. Income | -$305M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $3.0B |
| Net Debt | $2.6B |
