| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $851M | $926M | — | -8.0% | — |
| Op. Income | $127M | $135M | — | -6.3% | — |
| Gross Margin | 42.2% | 43.4% | — | -1.2pp | — |
| Net Margin | 9.6% | 9.0% | — | 0.6pp | — |
| EPS (Diluted) | $1.86 | $1.89 | — | -1.6% | — |
| Free Cash Flow | $19M | $80M | — | -76.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $851M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $232M |
| General & Administrative | $0 |
| SG&A Expenses | $232M |
| Other Expenses | $1M |
| Operating Expenses | $233M |
| Cost & Expenses | $725M |
| OPERATING INCOME | $127M |
| Interest Income | $400.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$300.0K |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $17M |
| EBIT | $127M |
| EBITDA | $144M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $851M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $232M |
| General & Administrative | $0 |
| SG&A Expenses | $232M |
| Other Expenses | $1M |
| Operating Expenses | $233M |
| Cost & Expenses | $725M |
| OPERATING INCOME | $127M |
| Interest Income | $400.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$300.0K |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $17M |
| EBIT | $127M |
| EBITDA | $144M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $900.0K |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $451M |
| Short-Term Investments | $0 |
| Net Receivables | $523M |
| Inventory | $334M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $274M |
| Goodwill | $942M |
| Intangible Assets | $373M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $391M |
| Short-Term Debt | $300.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $610M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $624M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $861M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$419M |
| Accum. Other Comp. Income | -$149M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $356M |
| Net Debt | -$95M |
