| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $958M | $892M | $926M | 7.4% | 3.5% |
| Op. Income | $153M | $132M | $135M | 16.1% | 13.0% |
| Gross Margin | 42.5% | 42.5% | 43.4% | -0.0pp | -0.9pp |
| Net Margin | 9.5% | 9.2% | 9.0% | 0.2pp | 0.5pp |
| EPS (Diluted) | $2.15 | $1.90 | $1.89 | 13.2% | 13.8% |
| Free Cash Flow | $125M | $88M | $80M | 41.3% | 56.2% |
| Item | Amount |
|---|---|
| REVENUE | $958M |
| Cost of Revenue | $551M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $157M |
| General & Administrative | $30M |
| SG&A Expenses | $245M |
| Other Expenses | $10M |
| Operating Expenses | $254M |
| Cost & Expenses | $805M |
| OPERATING INCOME | $153M |
| Interest Income | $300.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $18M |
| EBIT | $162M |
| EBITDA | $180M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $958M |
| Cost of Revenue | $551M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $157M |
| General & Administrative | $30M |
| SG&A Expenses | $245M |
| Other Expenses | $10M |
| Operating Expenses | $254M |
| Cost & Expenses | $805M |
| OPERATING INCOME | $153M |
| Interest Income | $300.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $18M |
| EBIT | $162M |
| EBITDA | $180M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$7M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $0 |
| Net Receivables | $573M |
| Inventory | $329M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $288M |
| Goodwill | $901M |
| Intangible Assets | $449M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $395M |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $601M |
| Long-Term Debt | $357M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $108M |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $633M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $881M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | -$100M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $357M |
| Net Debt | $46M |
