| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $473M | $475M | $433M | -0.3% | 9.3% |
| Op. Income | $115M | $130M | $108M | -10.9% | 6.5% |
| Gross Margin | 45.5% | 48.2% | 46.3% | -2.7pp | -0.9pp |
| Net Margin | 39.6% | 16.0% | 13.3% | 23.6pp | 26.3pp |
| EPS (Diluted) | $0.66 | $0.27 | $0.20 | 144.4% | 230.0% |
| Free Cash Flow | $117M | $39M | $100M | 196.9% | 17.2% |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $100M |
| Operating Expenses | $100M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | -$81M |
| Net Income from Continuing Ops | $188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $27M |
| EBIT | $116M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $100M |
| Operating Expenses | $100M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | -$81M |
| Net Income from Continuing Ops | $188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $27M |
| EBIT | $116M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $188M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$126M |
| Other Non-Cash Items | $502.0K |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$272.0K |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$105M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | $881.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $25M |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $299M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $77M |
| Goodwill | $2.7B |
| Intangible Assets | $641M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $749M |
| Short-Term Debt | $120M |
| Deferred Revenue | $435M |
| Other Current Liabilities | $499M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $856M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $321M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $29M |
| Additional Paid-In Capital | $498M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$386M |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $976M |
| Net Debt | $403M |
