| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $648M | $633M | $652M | 2.4% | -0.6% |
| Op. Income | $190M | $199M | $172M | -5.0% | 10.4% |
| Gross Margin | 62.4% | 65.1% | 59.7% | -2.7pp | 2.7pp |
| Net Margin | 24.3% | 26.1% | 22.9% | -1.8pp | 1.4pp |
| EPS (Diluted) | $0.31 | $0.27 | $0.29 | 15.0% | 6.2% |
| Free Cash Flow | $129M | $84M | $262M | 53.0% | -51.0% |
| Item | Amount |
|---|---|
| REVENUE | $648M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $404M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $203M |
| SG&A Expenses | $203M |
| Other Expenses | $11M |
| Operating Expenses | $215M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $190M |
| Interest Income | $514M |
| Interest Expense | $172M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $10M |
| EBIT | $190M |
| EBITDA | $199M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $648M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $404M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $203M |
| SG&A Expenses | $203M |
| Other Expenses | $11M |
| Operating Expenses | $215M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $190M |
| Interest Income | $514M |
| Interest Expense | $172M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $10M |
| EBIT | $190M |
| EBITDA | $199M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $120M |
| Change in Working Capital | -$164M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$122M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | $507M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$385M |
| Other Financing Activities | -$52M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $537M |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $360M |
| Goodwill | $0 |
| Intangible Assets | $34M |
| Long-Term Investments | $30.2B |
| Tax Assets | $332M |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $33.4B |
| TOTAL ASSETS | $35.8B |
| Account Payables | $176M |
| Short-Term Debt | $263M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.1B |
| TOTAL CURRENT LIABILITIES | $21.5B |
| Long-Term Debt | $8.6B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $32.6B |
| Common Stock | $2.6B |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $35.8B |
| Total Debt | $8.9B |
| Net Debt | $7.1B |
