| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.9B | — | 5.4% | — |
| Op. Income | $191M | $78M | — | 145.3% | — |
| Gross Margin | 74.5% | 74.1% | — | 0.4pp | — |
| Net Margin | 11.4% | 2.4% | — | 9.1pp | — |
| EPS (Diluted) | $0.46 | $0.09 | — | 411.1% | — |
| Free Cash Flow | $1.3B | $914M | — | 47.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $767M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $424M |
| Selling & Marketing | $1.3B |
| General & Administrative | $295M |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $191M |
| Interest Income | $20M |
| Interest Expense | $34M |
| Other Income/Expenses | $194M |
| INCOME BEFORE TAX | $385M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $344M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $344M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $344M |
| D&A | $197M |
| EBIT | $191M |
| EBITDA | $388M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $767M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $424M |
| Selling & Marketing | $1.3B |
| General & Administrative | $295M |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $191M |
| Interest Income | $20M |
| Interest Expense | $34M |
| Other Income/Expenses | $194M |
| INCOME BEFORE TAX | $385M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $344M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $344M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $344M |
| D&A | $197M |
| EBIT | $191M |
| EBITDA | $388M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $344M |
| Depreciation & Amortization | $181M |
| Stock-Based Compensation | $252M |
| Deferred Income Tax | -$211M |
| Other Non-Cash Items | $204M |
| Change in Working Capital | $696M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | -$182M |
| Purchases of Investments | -$410M |
| Sales/Maturities of Investments | $990M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $276M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $201M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $1.2B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $667M |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $1.9B |
| Goodwill | $7.4B |
| Intangible Assets | $985M |
| Long-Term Investments | $1.0B |
| Tax Assets | $39M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $134M |
| Short-Term Debt | $3M |
| Deferred Revenue | $6.2B |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $123M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $10.1B |
| Retained Earnings | $969M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $4.0B |
| Net Debt | -$1.9B |
