| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -2.5% | -1.5% |
| Op. Income | $159M | $18M | $81M | 787.1% | 95.6% |
| Gross Margin | 60.0% | 59.3% | 58.8% | 0.7pp | 1.2pp |
| Net Margin | 14.9% | 1.4% | 5.4% | 13.5pp | 9.5pp |
| EPS (Diluted) | $1.96 | $0.19 | $0.73 | 931.6% | 168.5% |
| Free Cash Flow | $145M | $187M | $209M | -22.4% | -30.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $889M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $440M |
| SG&A Expenses | $440M |
| Other Expenses | $290M |
| Operating Expenses | $730M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | -$61M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $32M |
| EBIT | $169M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $889M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $440M |
| SG&A Expenses | $440M |
| Other Expenses | $290M |
| Operating Expenses | $730M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | -$61M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $32M |
| EBIT | $169M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $221M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $671.0K |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $83M |
| Purchases of Investments | -$694M |
| Sales/Maturities of Investments | $750M |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $311M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $440M |
| Goodwill | $1.1B |
| Intangible Assets | $100M |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.2B |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | -$365M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $733M |
| Deferred Revenue NC | $241M |
| Deferred Tax Liabilities | $219M |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $3M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $733M |
| Net Debt | -$696M |
