| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $941M | $930M | — | 1.1% | — |
| Op. Income | $118M | $125M | — | -5.2% | — |
| Gross Margin | 35.0% | 35.4% | — | -0.3pp | — |
| Net Margin | 10.2% | 11.3% | — | -1.1pp | — |
| EPS (Diluted) | $0.64 | $0.70 | — | -8.6% | — |
| Free Cash Flow | $124M | $117M | — | 6.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $941M |
| Cost of Revenue | $611M |
| GROSS PROFIT | $330M |
| R&D Expenses | $61M |
| Selling & Marketing | $0 |
| General & Administrative | $117M |
| SG&A Expenses | $117M |
| Other Expenses | $33M |
| Operating Expenses | $211M |
| Cost & Expenses | $822M |
| OPERATING INCOME | $118M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $649.0K |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $7.0K |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $52M |
| EBIT | $122M |
| EBITDA | $174M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $941M |
| Cost of Revenue | $611M |
| GROSS PROFIT | $330M |
| R&D Expenses | $61M |
| Selling & Marketing | $0 |
| General & Administrative | $117M |
| SG&A Expenses | $117M |
| Other Expenses | $33M |
| Operating Expenses | $211M |
| Cost & Expenses | $822M |
| OPERATING INCOME | $118M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $649.0K |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $7.0K |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $52M |
| EBIT | $122M |
| EBITDA | $174M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$258M |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $98M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$290M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | $124M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $769M |
| Short-Term Investments | $327M |
| Net Receivables | $819M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $332M |
| Goodwill | $2.2B |
| Intangible Assets | $282M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $406M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $137M |
| Short-Term Debt | $200M |
| Deferred Revenue | $173M |
| Other Current Liabilities | $545M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $227M |
| Other Non-Current Liabilities | $285M |
| TOTAL NON-CURRENT LIABILITIES | $512M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$4.0B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $200M |
| Net Debt | -$569M |
