| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $668M | $647M | $648M | 3.2% | 3.1% |
| Op. Income | $192M | $192M | $190M | 0.2% | 1.5% |
| Gross Margin | 62.2% | 64.0% | 62.4% | -1.9pp | -0.2pp |
| Net Margin | 24.0% | 24.1% | 24.3% | -0.0pp | -0.3pp |
| EPS (Diluted) | $0.32 | $0.32 | $0.31 | 0.7% | 2.2% |
| Free Cash Flow | $111M | $303M | $129M | -63.4% | -13.8% |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $415M |
| R&D Expenses | $0 |
| Selling & Marketing | $752.9K |
| General & Administrative | $204M |
| SG&A Expenses | $205M |
| Other Expenses | $18M |
| Operating Expenses | $223M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $192M |
| Interest Income | $529M |
| Interest Expense | $173M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $10M |
| EBIT | $192M |
| EBITDA | $203M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $415M |
| R&D Expenses | $0 |
| Selling & Marketing | $752.9K |
| General & Administrative | $204M |
| SG&A Expenses | $205M |
| Other Expenses | $18M |
| Operating Expenses | $223M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $192M |
| Interest Income | $529M |
| Interest Expense | $173M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $10M |
| EBIT | $192M |
| EBITDA | $203M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $131M |
| Change in Working Capital | -$186M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $106M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $97M |
| Net Debt Issuance | $435M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$421M |
| Other Financing Activities | -$189M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.6B |
| Net Receivables | $229M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $370M |
| Goodwill | $0 |
| Intangible Assets | $47M |
| Long-Term Investments | $30.8B |
| Tax Assets | $299M |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $33.5B |
| TOTAL ASSETS | $37.4B |
| Account Payables | $208M |
| Short-Term Debt | $293M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.6B |
| TOTAL CURRENT LIABILITIES | $22.1B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $49.5K |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $11.8B |
| TOTAL LIABILITIES | $33.9B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $37.4B |
| Total Debt | $9.2B |
| Net Debt | $7.2B |
