| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $1.7B | -10.2% | -1.4% |
| Op. Income | $447M | $278M | $87M | 60.8% | 413.8% |
| Gross Margin | 43.0% | 35.9% | 32.4% | 7.1pp | 10.6pp |
| Net Margin | 19.1% | 9.5% | -4.8% | 9.6pp | 23.9pp |
| EPS (Diluted) | $1.04 | $0.58 | $-0.26 | 79.3% | 500.0% |
| Free Cash Flow | $137M | $268M | $164M | -48.9% | -16.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $949M |
| GROSS PROFIT | $715M |
| R&D Expenses | $20M |
| Selling & Marketing | $143M |
| General & Administrative | $86M |
| SG&A Expenses | $229M |
| Other Expenses | $19M |
| Operating Expenses | $268M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $447M |
| Interest Income | $2M |
| Interest Expense | $25M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $318M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $318M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $318M |
| D&A | $84M |
| EBIT | $442M |
| EBITDA | $526M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $949M |
| GROSS PROFIT | $715M |
| R&D Expenses | $20M |
| Selling & Marketing | $143M |
| General & Administrative | $86M |
| SG&A Expenses | $229M |
| Other Expenses | $19M |
| Operating Expenses | $268M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $447M |
| Interest Income | $2M |
| Interest Expense | $25M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $318M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $318M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $318M |
| D&A | $84M |
| EBIT | $442M |
| EBITDA | $526M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $318M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $82M |
| Other Non-Cash Items | -$206M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $280M |
| Capital Expenditure | -$143M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | $108M |
| Common Stock Repurchased | -$132M |
| Common Dividends Paid | -$106M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$131M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | $319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $0 |
| Net Receivables | $605M |
| Inventory | $902M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $2.5B |
| Goodwill | $2.1B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $69M |
| Tax Assets | $36M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $666M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $284M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $490M |
| Other Non-Current Liabilities | $697M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $12M |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $8M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $3.5B |
| Net Debt | $3.2B |
