| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | — | 3.8% | — |
| Op. Income | $338M | $323M | — | 4.5% | — |
| Gross Margin | 49.0% | 49.3% | — | -0.4pp | — |
| Net Margin | 13.8% | 14.5% | — | -0.7pp | — |
| EPS (Diluted) | $0.64 | $0.65 | — | -1.5% | — |
| Free Cash Flow | $278M | $303M | — | -8.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $831M |
| GROSS PROFIT | $797M |
| R&D Expenses | $99M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $360M |
| Other Expenses | $0 |
| Operating Expenses | $459M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $315M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $225M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $43M |
| EBIT | $338M |
| EBITDA | $380M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $831M |
| GROSS PROFIT | $797M |
| R&D Expenses | $99M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $360M |
| Other Expenses | $0 |
| Operating Expenses | $459M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $315M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $225M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $225M |
| D&A | $43M |
| EBIT | $338M |
| EBITDA | $380M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $225M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$155M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $278M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $803M |
| Short-Term Investments | $0 |
| Net Receivables | $945M |
| Inventory | $545M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $548M |
| Goodwill | $4.0B |
| Intangible Assets | $747M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $427M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $666M |
| Short-Term Debt | $0 |
| Deferred Revenue | $205M |
| Other Current Liabilities | $393M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $594M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $403M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $3M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $3.4B |
| Net Debt | $2.6B |
