| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | — | $2.9B | — | 30.2% |
| Op. Income | $1.5B | — | $1.2B | — | 21.2% |
| Gross Margin | 51.7% | — | 55.5% | — | -3.8pp |
| Net Margin | 61.2% | — | 29.4% | — | 31.8pp |
| EPS (Diluted) | $13.95 | — | $5.11 | — | 173.0% |
| Free Cash Flow | $1.3B | — | $1.2B | — | 10.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $58M |
| Selling & Marketing | $102M |
| General & Administrative | $339M |
| SG&A Expenses | $441M |
| Other Expenses | -$37M |
| Operating Expenses | $462M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $1.5B |
| Interest Income | $14M |
| Interest Expense | $46M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | -$815M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $9M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $50M |
| EBIT | $1.5B |
| EBITDA | $1.5B |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $58M |
| Selling & Marketing | $102M |
| General & Administrative | $339M |
| SG&A Expenses | $441M |
| Other Expenses | -$37M |
| Operating Expenses | $462M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $1.5B |
| Interest Income | $14M |
| Interest Expense | $46M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | -$815M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $9M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $50M |
| EBIT | $1.5B |
| EBITDA | $1.5B |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $125M |
| Deferred Income Tax | -$1.4B |
| Other Non-Cash Items | -$258M |
| Change in Working Capital | $511M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$288M |
| Common Dividends Paid | -$403M |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | -$547M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $729M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $0 |
| Other Current Assets | $24.2B |
| TOTAL CURRENT ASSETS | $35.4B |
| PP&E (Net) | $592M |
| Goodwill | $13.2B |
| Intangible Assets | $17.4B |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $151.6B |
| TOTAL NON-CURRENT ASSETS | $184.8B |
| TOTAL ASSETS | $220.2B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $178.3B |
| TOTAL NON-CURRENT LIABILITIES | $186.8B |
| TOTAL LIABILITIES | $187.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $19.3B |
| Retained Earnings | $17.0B |
| Treasury Stock | -$4.0B |
| Accum. Other Comp. Income | -$432M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.8B |
| Minority Interest | $466M |
| TOTAL EQUITY | $32.3B |
| TOTAL LIABILITIES & EQUITY | $220.2B |
| Total Debt | $5.0B |
| Net Debt | -$2.0B |
