| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.2B | -8.0% | 19.5% |
| Op. Income | $338M | $416M | $177M | -18.6% | 91.1% |
| Gross Margin | 29.1% | 31.6% | 21.4% | -2.5pp | 7.6pp |
| Net Margin | 19.6% | 23.1% | 13.8% | -3.5pp | 5.8pp |
| EPS (Diluted) | $7.07 | $9.08 | $4.00 | -22.1% | 76.8% |
| Free Cash Flow | $382M | $422M | $375M | -9.6% | 1.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $432M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $85M |
| Operating Expenses | $93M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $0 |
| EBIT | $347M |
| EBITDA | $347M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $432M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $85M |
| Operating Expenses | $93M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $0 |
| EBIT | $347M |
| EBITDA | $347M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$43.0K |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $382M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $218M |
| NET CASH FROM INVESTING | -$334M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $382M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $16.3B |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | -$19.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$16.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $22.2B |
| Account Payables | $208M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$492M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $633M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$633M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $691.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $9.7B |
| Treasury Stock | -$3.3B |
| Accum. Other Comp. Income | -$186M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.3B |
| TOTAL LIABILITIES & EQUITY | $22.2B |
| Total Debt | $633M |
| Net Debt | $165M |
