| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $706M | — | $726M | — | -2.8% |
| Op. Income | $221M | — | $203M | — | 8.9% |
| Gross Margin | 59.7% | — | 56.7% | — | 3.0pp |
| Net Margin | 24.1% | — | 22.1% | — | 2.0pp |
| EPS (Diluted) | $0.36 | — | $0.34 | — | 5.3% |
| Free Cash Flow | $162M | — | -$475M | — | 134.1% |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $284M |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $162M |
| SG&A Expenses | $167M |
| Other Expenses | $33M |
| Operating Expenses | $201M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $221M |
| Interest Income | $594M |
| Interest Expense | $204M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170M |
| D&A | $22M |
| EBIT | $221M |
| EBITDA | $243M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $284M |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $162M |
| SG&A Expenses | $167M |
| Other Expenses | $33M |
| Operating Expenses | $201M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $221M |
| Interest Income | $594M |
| Interest Expense | $204M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170M |
| D&A | $22M |
| EBIT | $221M |
| EBITDA | $243M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $170M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | -$156.4K |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $67.5K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | $138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $3.4B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $262M |
| Goodwill | $0 |
| Intangible Assets | $70M |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $41.0B |
| Account Payables | $204M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$94M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $10.3B |
| Deferred Revenue NC | $666.2K |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.3B |
| TOTAL LIABILITIES | $37.4B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $564M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $48M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $41.0B |
| Total Debt | $10.3B |
| Net Debt | $7.5B |
