| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.3B | 2.3% | 14.1% |
| Op. Income | $434M | $414M | $332M | 4.8% | 30.7% |
| Gross Margin | 83.7% | 84.2% | 84.7% | -0.5pp | -1.0pp |
| Net Margin | 20.8% | 18.8% | 16.5% | 2.0pp | 4.3pp |
| EPS (Diluted) | $0.61 | $0.55 | $0.41 | 10.9% | 48.8% |
| Free Cash Flow | $800M | $159M | $321M | 403.1% | 149.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $251M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $478M |
| SG&A Expenses | $504M |
| Other Expenses | $350M |
| Operating Expenses | $854M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $434M |
| Interest Income | $1.2B |
| Interest Expense | $155M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $320M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $320M |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $124M |
| EBIT | $434M |
| EBITDA | $558M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $251M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $478M |
| SG&A Expenses | $504M |
| Other Expenses | $350M |
| Operating Expenses | $854M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $434M |
| Interest Income | $1.2B |
| Interest Expense | $155M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $320M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $320M |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $124M |
| EBIT | $434M |
| EBITDA | $558M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $320M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $248M |
| Change in Working Capital | $103M |
| OPERATING CASH FLOW | $853M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$731M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$72M |
| Other Financing Activities | $2.2B |
| NET CASH FROM FINANCING | $579M |
| FREE CASH FLOW | $800M |
| Net Change in Cash | $289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.3B |
| Short-Term Investments | $20.0B |
| Net Receivables | $3.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27.9B |
| PP&E (Net) | $582M |
| Goodwill | $6.9B |
| Intangible Assets | $0 |
| Long-Term Investments | $109.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $122.4B |
| TOTAL ASSETS | $150.3B |
| Account Payables | $0 |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $112.1B |
| TOTAL CURRENT LIABILITIES | $116.0B |
| Long-Term Debt | $11.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $744M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $14.5B |
| TOTAL LIABILITIES | $130.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $18.8B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$683M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.8B |
| TOTAL LIABILITIES & EQUITY | $150.3B |
| Total Debt | $15.6B |
| Net Debt | $11.3B |
