| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | — | $2.5B | — | 8.2% |
| Op. Income | $432M | — | $353M | — | 22.4% |
| Gross Margin | 41.6% | — | 42.2% | — | -0.6pp |
| Net Margin | 14.5% | — | 11.0% | — | 3.5pp |
| EPS (Diluted) | $0.71 | — | $0.49 | — | 44.9% |
| Free Cash Flow | $292M | — | $66M | — | 342.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $140M |
| Selling & Marketing | $622M |
| General & Administrative | $622M |
| SG&A Expenses | $622M |
| Other Expenses | -$80M |
| Operating Expenses | $682M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $432M |
| Interest Income | $10M |
| Interest Expense | $22M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $438M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $192M |
| EBIT | $460M |
| EBITDA | $652M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $140M |
| Selling & Marketing | $622M |
| General & Administrative | $622M |
| SG&A Expenses | $622M |
| Other Expenses | -$80M |
| Operating Expenses | $682M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $432M |
| Interest Income | $10M |
| Interest Expense | $22M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $438M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $192M |
| EBIT | $460M |
| EBITDA | $652M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $389M |
| Depreciation & Amortization | $192M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$143M |
| OPERATING CASH FLOW | $447M |
| Capital Expenditure | -$155M |
| Acquisitions (Net) | -$219M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$374M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$522M |
| Common Dividends Paid | -$87M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | -$545M |
| FREE CASH FLOW | $292M |
| Net Change in Cash | -$447M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $1.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $4.6B |
| Goodwill | $3.1B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $706M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $2.5B |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $683M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $14.7B |
| Treasury Stock | -$8.4B |
| Accum. Other Comp. Income | -$3.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | -$6M |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $3.6B |
| Net Debt | $606M |
