| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | — | -2.5% | — |
| Op. Income | -$322M | $38M | — | -947.4% | — |
| Gross Margin | 70.1% | 70.3% | — | -0.2pp | — |
| Net Margin | 23.7% | 58.6% | — | -34.9pp | — |
| EPS (Diluted) | $1.82 | $4.58 | — | -60.3% | — |
| Free Cash Flow | $506M | $442M | — | 14.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $647M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $90M |
| Selling & Marketing | $462M |
| General & Administrative | $177M |
| SG&A Expenses | $639M |
| Other Expenses | $1.1B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | -$322M |
| Interest Income | $3M |
| Interest Expense | $448M |
| Other Income/Expenses | -$482M |
| INCOME BEFORE TAX | -$804M |
| Income Tax Expense | -$1.3B |
| Net Income from Continuing Ops | $512M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $513M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $513M |
| D&A | $819M |
| EBIT | $23M |
| EBITDA | $842M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $512M |
| Depreciation & Amortization | $819M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$1.4B |
| Other Non-Cash Items | $457M |
| Change in Working Capital | $174M |
| OPERATING CASH FLOW | $578M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $165M |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$81M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $506M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $720M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $1.0B |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $1.4B |
| Goodwill | $15.6B |
| Intangible Assets | $15.2B |
| Long-Term Investments | $0 |
| Tax Assets | $433M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $32.8B |
| TOTAL ASSETS | $37.5B |
| Account Payables | $365M |
| Short-Term Debt | $209M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $25.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $870M |
| TOTAL NON-CURRENT LIABILITIES | $27.3B |
| TOTAL LIABILITIES | $31.6B |
| Common Stock | $10.1B |
| Additional Paid-In Capital | $380M |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $95M |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $37.5B |
| Total Debt | $25.4B |
| Net Debt | $24.7B |
