| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $926M | $852M | — | 8.7% | — |
| Op. Income | $135M | $121M | — | 11.7% | — |
| Gross Margin | 43.4% | 44.4% | — | -0.9pp | — |
| Net Margin | 9.0% | 8.7% | — | 0.3pp | — |
| EPS (Diluted) | $1.89 | $1.69 | — | 11.8% | — |
| Free Cash Flow | $80M | $106M | — | -24.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $523M |
| GROSS PROFIT | $402M |
| R&D Expenses | $0 |
| Selling & Marketing | $142M |
| General & Administrative | $67M |
| SG&A Expenses | $262M |
| Other Expenses | $5M |
| Operating Expenses | $267M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $135M |
| Interest Income | $400.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $14M |
| EBIT | $145M |
| EBITDA | $159M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $926M |
| Cost of Revenue | $523M |
| GROSS PROFIT | $402M |
| R&D Expenses | $0 |
| Selling & Marketing | $142M |
| General & Administrative | $67M |
| SG&A Expenses | $262M |
| Other Expenses | $5M |
| Operating Expenses | $267M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $135M |
| Interest Income | $400.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $14M |
| EBIT | $145M |
| EBITDA | $159M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$600.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $800.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $413M |
| Short-Term Investments | $0 |
| Net Receivables | $573M |
| Inventory | $295M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $268M |
| Goodwill | $948M |
| Intangible Assets | $382M |
| Long-Term Investments | $8M |
| Tax Assets | $5M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $401M |
| Short-Term Debt | $200.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $673M |
| Long-Term Debt | $355M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $616M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $856M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$419M |
| Accum. Other Comp. Income | -$139M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $355M |
| Net Debt | -$58M |
