| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.0B | $975M | 33.4% | 38.1% |
| Op. Income | $297M | $110M | $270M | 170.7% | 9.9% |
| Gross Margin | 32.4% | 23.3% | 39.8% | 9.1pp | -7.5pp |
| Net Margin | 13.9% | 7.5% | 17.5% | 6.4pp | -3.6pp |
| EPS (Diluted) | $1.57 | $0.63 | $1.40 | 149.2% | 12.1% |
| Free Cash Flow | $310M | $130M | $257M | 138.0% | 20.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $910M |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $139M |
| SG&A Expenses | $139M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $297M |
| Interest Income | $500.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $285M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $46M |
| EBIT | $296M |
| EBITDA | $342M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $910M |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $139M |
| SG&A Expenses | $139M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $297M |
| Interest Income | $500.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $285M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $46M |
| EBIT | $296M |
| EBITDA | $342M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $354M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$165M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | -$307M |
| FREE CASH FLOW | $310M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $0 |
| Net Receivables | $590M |
| Inventory | $17M |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $198M |
| Goodwill | $1.2B |
| Intangible Assets | $486M |
| Long-Term Investments | $63M |
| Tax Assets | -$63M |
| Other Non-Current Assets | $316M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $167M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $745M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $74M |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | -$411M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.1B |
| Net Debt | $831M |
