| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $641M | $573M | $627M | 11.7% | 2.2% |
| Op. Income | $190M | $176M | $198M | 7.7% | -3.7% |
| Gross Margin | 64.0% | 68.7% | 65.1% | -4.7pp | -1.1pp |
| Net Margin | 24.1% | 26.0% | 26.1% | -1.9pp | -2.0pp |
| EPS (Diluted) | $0.31 | $0.29 | $0.27 | 8.5% | 16.7% |
| Free Cash Flow | $300M | $176M | $83M | 70.7% | 260.4% |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $410M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $193M |
| SG&A Expenses | $202M |
| Other Expenses | $18M |
| Operating Expenses | $220M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $190M |
| Interest Income | $541M |
| Interest Expense | $179M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $154M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $13M |
| EBIT | $190M |
| EBITDA | $203M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $410M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $193M |
| SG&A Expenses | $202M |
| Other Expenses | $18M |
| Operating Expenses | $220M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $190M |
| Interest Income | $541M |
| Interest Expense | $179M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $154M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $13M |
| EBIT | $190M |
| EBITDA | $203M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $154M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $94M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $125M |
| OPERATING CASH FLOW | $316M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$239M |
| NET CASH FROM INVESTING | -$247M |
| Net Debt Issuance | $157M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $180M |
| FREE CASH FLOW | $300M |
| Net Change in Cash | -$269M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.7B |
| Net Receivables | $170M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $384M |
| Goodwill | $19M |
| Intangible Assets | $62M |
| Long-Term Investments | $30.2B |
| Tax Assets | $180M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $32.8B |
| TOTAL ASSETS | $36.3B |
| Account Payables | $212M |
| Short-Term Debt | $218M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.2B |
| TOTAL CURRENT LIABILITIES | $21.6B |
| Long-Term Debt | $8.6B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $32.3B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $710M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $36.3B |
| Total Debt | $8.8B |
| Net Debt | $7.1B |
