| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.4B | 16.1% | 11.7% |
| Op. Income | $276M | $0 | $265M | — | 4.2% |
| Gross Margin | 44.0% | 100.0% | 46.9% | -56.0pp | -2.9pp |
| Net Margin | 13.2% | 7.6% | 13.8% | 5.6pp | -0.6pp |
| EPS (Diluted) | $1.21 | $0.60 | $1.13 | 101.7% | 7.1% |
| Free Cash Flow | $134M | $275M | $254M | -51.3% | -47.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $853M |
| GROSS PROFIT | $670M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $394M |
| Operating Expenses | $394M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $75M |
| NET INCOME | $201M |
| D&A | $14M |
| EBIT | $289M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $853M |
| GROSS PROFIT | $670M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $394M |
| Operating Expenses | $394M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $75M |
| NET INCOME | $201M |
| D&A | $14M |
| EBIT | $289M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$147M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$722M |
| Sales/Maturities of Investments | $477M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$246M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$77M |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$124M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | -$234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $543M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | -$13.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $181M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.0B |
| Tax Assets | $946M |
| Other Non-Current Assets | -$16.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $20.8B |
| Account Payables | $0 |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$17M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $825M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $946M |
| Other Non-Current Liabilities | -$1.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $5.2B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $20.8B |
| Total Debt | $842M |
| Net Debt | $299M |
