| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.7B | $3.3B | 6.0% | 20.4% |
| Op. Income | $1.1B | $1.0B | $777M | 7.3% | 41.3% |
| Gross Margin | 45.0% | 45.4% | 42.4% | -0.4pp | 2.6pp |
| Net Margin | 24.7% | 24.7% | 18.5% | 0.0pp | 6.2pp |
| EPS (Diluted) | $0.91 | $0.85 | $0.56 | 7.1% | 62.5% |
| Free Cash Flow | $575M | $1.3B | $709M | -55.3% | -18.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $466M |
| Selling & Marketing | $105M |
| General & Administrative | $118M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $689M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $33M |
| Interest Expense | $57M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $982M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $982M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $982M |
| D&A | $105M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $466M |
| Selling & Marketing | $105M |
| General & Administrative | $118M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $689M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $33M |
| Interest Expense | $57M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $982M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $982M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $982M |
| D&A | $105M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $982M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$401M |
| OPERATING CASH FLOW | $699M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $921M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$529M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$385M |
| Common Dividends Paid | -$107M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$438M |
| FREE CASH FLOW | $575M |
| Net Change in Cash | -$268M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $2.3B |
| Net Receivables | $2.3B |
| Inventory | $2.9B |
| Other Current Assets | $374M |
| TOTAL CURRENT ASSETS | $12.9B |
| PP&E (Net) | $1.1B |
| Goodwill | $3.4B |
| Intangible Assets | $412M |
| Long-Term Investments | $1.1B |
| Tax Assets | $385M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $19.4B |
| Account Payables | $945M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $651M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $11M |
| Additional Paid-In Capital | $7.1B |
| Retained Earnings | $18.3B |
| Treasury Stock | -$15.9B |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $19.4B |
| Total Debt | $5.3B |
| Net Debt | $294M |
