| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | -0.1% | 7.5% |
| Op. Income | $197M | $129M | $0 | 52.7% | — |
| Gross Margin | 42.7% | 38.1% | 100.0% | 4.6pp | -57.3pp |
| Net Margin | 45.5% | 7.2% | 7.6% | 38.3pp | 37.9pp |
| EPS (Diluted) | $3.88 | $0.61 | $0.60 | 536.1% | 546.7% |
| Free Cash Flow | $304M | $296M | $275M | 2.7% | 10.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $809M |
| GROSS PROFIT | $602M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $405M |
| Operating Expenses | $405M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $197M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | -$445M |
| NET INCOME | $642M |
| D&A | $15M |
| EBIT | $211M |
| EBITDA | $226M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $809M |
| GROSS PROFIT | $602M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $405M |
| Operating Expenses | $405M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $197M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | -$445M |
| NET INCOME | $642M |
| D&A | $15M |
| EBIT | $211M |
| EBITDA | $226M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $642M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$476M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $98M |
| OPERATING CASH FLOW | $306M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$685M |
| Sales/Maturities of Investments | $593M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$161M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$224M |
| FREE CASH FLOW | $304M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $657M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | -$13.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $185M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$17.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $21.8B |
| Account Payables | $0 |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$24M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $787M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $5.2B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $851M |
| Net Debt | $194M |
