| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | — | -3.0% | — |
| Op. Income | $255M | $362M | — | -29.5% | — |
| Gross Margin | 52.7% | 52.8% | — | -0.0pp | — |
| Net Margin | 11.8% | 15.3% | — | -3.5pp | — |
| EPS (Diluted) | $1.52 | $2.03 | — | -25.1% | — |
| Free Cash Flow | $570M | -$152M | — | 474.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $770M |
| GROSS PROFIT | $860M |
| R&D Expenses | $75M |
| Selling & Marketing | $148M |
| General & Administrative | $354M |
| SG&A Expenses | $502M |
| Other Expenses | $27M |
| Operating Expenses | $604M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $255M |
| Interest Income | $3M |
| Interest Expense | $25M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $58M |
| EBIT | $245M |
| EBITDA | $303M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $770M |
| GROSS PROFIT | $860M |
| R&D Expenses | $75M |
| Selling & Marketing | $148M |
| General & Administrative | $354M |
| SG&A Expenses | $502M |
| Other Expenses | $27M |
| Operating Expenses | $604M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $255M |
| Interest Income | $3M |
| Interest Expense | $25M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $58M |
| EBIT | $245M |
| EBITDA | $303M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $193M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $354M |
| OPERATING CASH FLOW | $621M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $570M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $388M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $267M |
| Goodwill | $571M |
| Intangible Assets | $246M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $780M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $320M |
| Short-Term Debt | $522M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $389M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $105M |
| Additional Paid-In Capital | $985M |
| Retained Earnings | $4.1B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | -$195M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $23M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.7B |
| Net Debt | $439M |
