| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $445M | $433M | $422M | 2.6% | 5.3% |
| Op. Income | $104M | $108M | $108M | -4.0% | -3.4% |
| Gross Margin | 44.7% | 46.3% | 46.9% | -1.6pp | -2.3pp |
| Net Margin | 15.8% | 13.3% | 14.7% | 2.5pp | 1.1pp |
| EPS (Diluted) | $0.25 | $0.20 | $0.22 | 25.0% | 13.6% |
| Free Cash Flow | $87M | $100M | $29M | -12.9% | 200.3% |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $95M |
| Operating Expenses | $95M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $28M |
| EBIT | $121M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $95M |
| Operating Expenses | $95M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $28M |
| EBIT | $121M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$91.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $589.0K |
| Purchases of Investments | -$379.0K |
| Sales/Maturities of Investments | $679.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547M |
| Short-Term Investments | $21M |
| Net Receivables | $526M |
| Inventory | $0 |
| Other Current Assets | $324M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $73M |
| Goodwill | $2.7B |
| Intangible Assets | $686M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $748M |
| Short-Term Debt | $55M |
| Deferred Revenue | $371M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $368M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $15M |
| Additional Paid-In Capital | $473M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$258M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.1B |
| Net Debt | $513M |
