| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $978M | $980M | $955M | -0.2% | 2.4% |
| Op. Income | $122M | $132M | $122M | -7.5% | 0.5% |
| Gross Margin | 34.2% | 35.0% | 35.0% | -0.8pp | -0.8pp |
| Net Margin | 12.0% | 10.9% | 10.2% | 1.0pp | 1.7pp |
| EPS (Diluted) | $0.80 | $0.73 | $0.66 | 9.6% | 21.2% |
| Free Cash Flow | $113M | $164M | $126M | -31.3% | -10.7% |
| Item | Amount |
|---|---|
| REVENUE | $978M |
| Cost of Revenue | $643M |
| GROSS PROFIT | $335M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $119M |
| SG&A Expenses | $119M |
| Other Expenses | $26M |
| Operating Expenses | $212M |
| Cost & Expenses | $856M |
| OPERATING INCOME | $122M |
| Interest Income | $121.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $49M |
| EBIT | $122M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $978M |
| Cost of Revenue | $643M |
| GROSS PROFIT | $335M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $119M |
| SG&A Expenses | $119M |
| Other Expenses | $26M |
| Operating Expenses | $212M |
| Cost & Expenses | $856M |
| OPERATING INCOME | $122M |
| Interest Income | $121.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $49M |
| EBIT | $122M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$142.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $707.0K |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $79M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $641M |
| Short-Term Investments | $325M |
| Net Receivables | $920M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $365M |
| Goodwill | $2.3B |
| Intangible Assets | $221M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $457M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $144M |
| Short-Term Debt | $0 |
| Deferred Revenue | $107M |
| Other Current Liabilities | $621M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $211M |
| Other Non-Current Liabilities | $341M |
| TOTAL NON-CURRENT LIABILITIES | $552M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $38M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $0 |
| Net Debt | -$641M |
