| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.6B | $5.1B | -6.2% | 4.0% |
| Op. Income | $389M | $587M | $419M | -33.7% | -7.1% |
| Gross Margin | 30.8% | 32.1% | 30.6% | -1.3pp | 0.2pp |
| Net Margin | 3.8% | 5.7% | 4.6% | -1.9pp | -0.8pp |
| EPS (Diluted) | $0.85 | $1.36 | $0.98 | -37.5% | -13.3% |
| Free Cash Flow | $320M | $904M | $135M | -64.6% | 137.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $51M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $389M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $314M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $154M |
| EBIT | $389M |
| EBITDA | $542M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $51M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $389M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $314M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $154M |
| EBIT | $389M |
| EBITDA | $542M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $154M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $431M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $320M |
| Net Change in Cash | $289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $4M |
| Net Receivables | $0 |
| Inventory | $2.9B |
| Other Current Assets | $241M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $0 |
| Goodwill | $5.0B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.7B |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $8.1B |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $237M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $0 |
| Net Debt | -$1.2B |
