| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $968M | $896M | 6.7% | 15.3% |
| Op. Income | $215M | $199M | $173M | 8.1% | 23.8% |
| Gross Margin | 46.6% | 45.3% | 45.5% | 1.3pp | 1.1pp |
| Net Margin | 39.3% | 13.8% | 12.3% | 25.5pp | 26.9pp |
| EPS (Diluted) | $1.60 | $0.52 | $0.42 | 207.7% | 281.0% |
| Free Cash Flow | $233M | $164M | $139M | 42.0% | 68.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $552M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $146M |
| SG&A Expenses | $267M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $818M |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | -$207M |
| Net Income from Continuing Ops | $406M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $406M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $406M |
| D&A | $34M |
| EBIT | $217M |
| EBITDA | $251M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $552M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $146M |
| SG&A Expenses | $267M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $818M |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | -$207M |
| Net Income from Continuing Ops | $406M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $406M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $406M |
| D&A | $34M |
| EBIT | $217M |
| EBITDA | $251M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $406M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$270M |
| Other Non-Cash Items | $400.0K |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $257M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $1.3B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$190M |
| FREE CASH FLOW | $233M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $0 |
| Net Receivables | $346M |
| Inventory | $331M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $608M |
| Goodwill | $2.0B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $399M |
| Short-Term Debt | $271M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $198M |
| TOTAL CURRENT LIABILITIES | $935M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $561M |
| Other Non-Current Liabilities | $197M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $293M |
| Additional Paid-In Capital | $265M |
| Retained Earnings | $3.5B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
