| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $1.9B | $2.5B | 37.0% | 7.3% |
| Op. Income | $178M | $50M | $138M | 256.6% | 29.0% |
| Gross Margin | 29.1% | 27.5% | 29.0% | 1.6pp | 0.1pp |
| Net Margin | 4.4% | 1.9% | 3.6% | 2.5pp | 0.7pp |
| EPS (Diluted) | $1.11 | $0.35 | $0.81 | 217.1% | 37.0% |
| Free Cash Flow | $533M | -$270M | $460M | 297.5% | 15.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $776M |
| R&D Expenses | $0 |
| Selling & Marketing | $330M |
| General & Administrative | $267M |
| SG&A Expenses | $597M |
| Other Expenses | $7M |
| Operating Expenses | $598M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $71M |
| EBIT | $182M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $776M |
| R&D Expenses | $0 |
| Selling & Marketing | $330M |
| General & Administrative | $267M |
| SG&A Expenses | $597M |
| Other Expenses | $7M |
| Operating Expenses | $598M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $71M |
| EBIT | $182M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $434M |
| OPERATING CASH FLOW | $621M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | -$457.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$483M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$70.0K |
| NET CASH FROM FINANCING | -$543M |
| FREE CASH FLOW | $533M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.7B |
| Goodwill | $250M |
| Intangible Assets | $137M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $843M |
| Short-Term Debt | $5M |
| Deferred Revenue | $179M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $106M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $661M |
| TOTAL NON-CURRENT LIABILITIES | $837M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$78.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $65M |
| Net Debt | -$36M |
