| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | -4.7% | 3.3% |
| Op. Income | $419M | $421M | $357M | -0.6% | 17.4% |
| Gross Margin | 72.7% | 71.9% | 68.1% | 0.8pp | 4.6pp |
| Net Margin | 25.4% | 24.8% | 22.5% | 0.6pp | 2.9pp |
| EPS (Diluted) | $3.76 | $3.86 | $3.22 | -2.5% | 16.7% |
| Free Cash Flow | $284M | -$1.7B | -$60M | 116.8% | 573.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $323M |
| GROSS PROFIT | $860M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $319M |
| SG&A Expenses | $339M |
| Other Expenses | $102M |
| Operating Expenses | $441M |
| Cost & Expenses | $764M |
| OPERATING INCOME | $419M |
| Interest Income | $804M |
| Interest Expense | $216M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $111M |
| NET INCOME | $300M |
| D&A | $31M |
| EBIT | $419M |
| EBITDA | $450M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $323M |
| GROSS PROFIT | $860M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $319M |
| SG&A Expenses | $339M |
| Other Expenses | $102M |
| Operating Expenses | $441M |
| Cost & Expenses | $764M |
| OPERATING INCOME | $419M |
| Interest Income | $804M |
| Interest Expense | $216M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $111M |
| NET INCOME | $300M |
| D&A | $31M |
| EBIT | $419M |
| EBITDA | $450M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $300M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $290M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$699M |
| NET CASH FROM INVESTING | -$704M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$67M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $284M |
| Net Change in Cash | -$479M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.9B |
| Short-Term Investments | $9.0B |
| Net Receivables | $204M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.0B |
| PP&E (Net) | $461M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $32.2B |
| TOTAL ASSETS | $49.3B |
| Account Payables | $0 |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.4B |
| TOTAL CURRENT LIABILITIES | $30.2B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $12.7B |
| TOTAL LIABILITIES | $43.0B |
| Common Stock | $381M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $370M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | $331M |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $137M |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $49.3B |
| Total Debt | $8.6B |
| Net Debt | $689M |
