| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $5.3B | $5.6B | 19.6% | 12.9% |
| Op. Income | $766M | $425M | $587M | 80.1% | 30.5% |
| Gross Margin | 33.0% | 31.3% | 32.1% | 1.7pp | 1.0pp |
| Net Margin | 16.4% | 4.5% | 5.7% | 11.8pp | 10.6pp |
| EPS (Diluted) | $4.37 | $1.01 | $1.36 | 332.7% | 221.3% |
| Free Cash Flow | $735M | -$260M | $904M | 382.2% | -18.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | -$35M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $766M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $692M |
| Income Tax Expense | -$349M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $157M |
| EBIT | $773M |
| EBITDA | $930M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | -$35M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $766M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $692M |
| Income Tax Expense | -$349M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $157M |
| EBIT | $773M |
| EBITDA | $930M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$489M |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | $227M |
| OPERATING CASH FLOW | $918M |
| Capital Expenditure | -$183M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $735M |
| Net Change in Cash | $698M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $3.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $3.2B |
| Goodwill | $5.0B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $16.3B |
| Account Payables | $1.2B |
| Short-Term Debt | $916M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $400M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $985M |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $16.3B |
| Total Debt | $5.7B |
| Net Debt | $4.6B |
