| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | — | -1.1% | — |
| Op. Income | $181M | $49M | — | 266.5% | — |
| Gross Margin | 47.7% | 26.2% | — | 21.5pp | — |
| Net Margin | 23.3% | 1.8% | — | 21.5pp | — |
| EPS (Diluted) | $1.34 | $0.11 | — | 1118.2% | — |
| Free Cash Flow | $178M | $245M | — | -27.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $526M |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $299M |
| Operating Expenses | $299M |
| Cost & Expenses | $824M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | -$54M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $76M |
| EBIT | $211M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $526M |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $299M |
| Operating Expenses | $299M |
| Cost & Expenses | $824M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | -$54M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $76M |
| EBIT | $211M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $234M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$55M |
| Other Non-Cash Items | -$127M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $178M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$469M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $105M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | -$227M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $21.1B |
| Net Receivables | $0 |
| Inventory | $290M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.4B |
| Long-Term Investments | $23.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$20.2B |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $32.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.3B |
| TOTAL CURRENT LIABILITIES | $23.3B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23.4B |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $27.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $651M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $622M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $32.0B |
| Total Debt | $4.2B |
| Net Debt | $4.0B |
