| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | — | -9.8% | — |
| Op. Income | $283M | $260M | — | 8.8% | — |
| Gross Margin | 44.5% | 45.4% | — | -0.9pp | — |
| Net Margin | 12.4% | 10.3% | — | 2.1pp | — |
| EPS (Diluted) | $1.36 | $1.26 | — | 7.9% | — |
| Free Cash Flow | $111M | $272M | — | -59.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $801M |
| GROSS PROFIT | $642M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $0 |
| Operating Expenses | $359M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $41M |
| EBIT | $284M |
| EBITDA | $325M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $801M |
| GROSS PROFIT | $642M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $0 |
| Operating Expenses | $359M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $41M |
| EBIT | $284M |
| EBITDA | $325M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $179M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $170M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $95M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | -$104M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $0 |
| Net Receivables | $494M |
| Inventory | $465M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $917M |
| Goodwill | $1.2B |
| Intangible Assets | $733M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $874M |
| Short-Term Debt | $618M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83M |
| Other Non-Current Liabilities | $783M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $159M |
| Additional Paid-In Capital | $881M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$567M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $289M |
| Minority Interest | $0 |
| TOTAL EQUITY | $289M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.4B |
| Net Debt | $2.0B |
