| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.9B | — | -4.1% | — |
| Op. Income | $232M | $291M | — | -20.5% | — |
| Gross Margin | 29.9% | 30.4% | — | -0.5pp | — |
| Net Margin | 4.0% | 4.7% | — | -0.7pp | — |
| EPS (Diluted) | $1.02 | $1.24 | — | -17.7% | — |
| Free Cash Flow | $131M | $171M | — | -23.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $849M |
| Other Expenses | $51M |
| Operating Expenses | $899M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $39M |
| EBIT | $257M |
| EBITDA | $297M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $849M |
| Other Expenses | $51M |
| Operating Expenses | $899M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $39M |
| EBIT | $257M |
| EBITDA | $297M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$98M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $243M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $3.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $728M |
| Goodwill | $956M |
| Intangible Assets | $619M |
| Long-Term Investments | $29M |
| Tax Assets | $133M |
| Other Non-Current Assets | $447M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $3.1B |
| Short-Term Debt | $325M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $740M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $770M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $148M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $14M |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $914M |
| Net Debt | $671M |
