| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.5B | -5.6% | 4.1% |
| Op. Income | $295M | $338M | $263M | -12.7% | 12.1% |
| Gross Margin | 48.5% | 49.0% | 47.1% | -0.5pp | 1.3pp |
| Net Margin | 13.0% | 13.8% | 12.3% | -0.8pp | 0.7pp |
| EPS (Diluted) | $0.57 | $0.64 | $0.53 | -10.9% | 7.5% |
| Free Cash Flow | $122M | $278M | $149M | -56.3% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $791M |
| GROSS PROFIT | $744M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $353M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $295M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $37M |
| EBIT | $295M |
| EBITDA | $332M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $791M |
| GROSS PROFIT | $744M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $353M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $295M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $37M |
| EBIT | $295M |
| EBITDA | $332M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $200M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$600.0K |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$95M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $818M |
| Short-Term Investments | $0 |
| Net Receivables | $944M |
| Inventory | $572M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $553M |
| Goodwill | $4.0B |
| Intangible Assets | $736M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $429M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $623M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $679M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $579M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $3.3B |
| Net Debt | $2.4B |
