| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $980M | $967M | $941M | 1.3% | 4.2% |
| Op. Income | $132M | $130M | $118M | 1.6% | 11.4% |
| Gross Margin | 35.0% | 35.0% | 35.0% | 0.1pp | 0.0pp |
| Net Margin | 10.9% | 12.3% | 10.2% | -1.4pp | 0.8pp |
| EPS (Diluted) | $0.73 | $0.81 | $0.64 | -9.9% | 14.1% |
| Free Cash Flow | $164M | $133M | $124M | 23.4% | 32.4% |
| Item | Amount |
|---|---|
| REVENUE | $980M |
| Cost of Revenue | $636M |
| GROSS PROFIT | $343M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $26M |
| Operating Expenses | $211M |
| Cost & Expenses | $848M |
| OPERATING INCOME | $132M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $51M |
| EBIT | $129M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $980M |
| Cost of Revenue | $636M |
| GROSS PROFIT | $343M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $26M |
| Operating Expenses | $211M |
| Cost & Expenses | $848M |
| OPERATING INCOME | $132M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $51M |
| EBIT | $129M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$650.0K |
| Other Non-Cash Items | -$797.0K |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $650M |
| Short-Term Investments | $330M |
| Net Receivables | $865M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $356M |
| Goodwill | $2.2B |
| Intangible Assets | $177M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $113M |
| Other Current Liabilities | $625M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $219M |
| Other Non-Current Liabilities | $313M |
| TOTAL NON-CURRENT LIABILITIES | $532M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $0 |
| Net Debt | -$650M |
