| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $877M | $896M | $849M | -2.1% | 3.3% |
| Op. Income | $196M | $173M | $180M | 13.1% | 9.2% |
| Gross Margin | 45.5% | 45.5% | 44.6% | -0.0pp | 0.9pp |
| Net Margin | 15.0% | 12.3% | 13.3% | 2.7pp | 1.7pp |
| EPS (Diluted) | $0.51 | $0.42 | $0.43 | 21.4% | 18.6% |
| Free Cash Flow | $129M | $139M | $169M | -7.1% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $478M |
| GROSS PROFIT | $399M |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $112M |
| SG&A Expenses | $203M |
| Other Expenses | $0 |
| Operating Expenses | $203M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $196M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $29M |
| EBIT | $198M |
| EBITDA | $228M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $478M |
| GROSS PROFIT | $399M |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $112M |
| SG&A Expenses | $203M |
| Other Expenses | $0 |
| Operating Expenses | $203M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $196M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $29M |
| EBIT | $198M |
| EBITDA | $228M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$160M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | $159M |
| Common Stock Repurchased | -$157M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $0 |
| Net Receivables | $305M |
| Inventory | $280M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $755M |
| PP&E (Net) | $579M |
| Goodwill | $1.5B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $346M |
| Short-Term Debt | $586M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $693M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $521M |
| Other Non-Current Liabilities | $171M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $293M |
| Additional Paid-In Capital | $249M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
