| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | $1.6B | -10.9% | -2.1% |
| Op. Income | $271M | $361M | $255M | -24.9% | 6.2% |
| Gross Margin | 52.9% | 51.4% | 52.7% | 1.5pp | 0.2pp |
| Net Margin | -0.3% | 14.8% | 11.8% | -15.2pp | -12.2pp |
| EPS (Diluted) | $-0.04 | $2.09 | $1.52 | -102.0% | -102.8% |
| Free Cash Flow | $490M | -$201M | $570M | 344.5% | -14.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $751M |
| GROSS PROFIT | $845M |
| R&D Expenses | $76M |
| Selling & Marketing | $160M |
| General & Administrative | $312M |
| SG&A Expenses | $471M |
| Other Expenses | $26M |
| Operating Expenses | $574M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $271M |
| Interest Income | $6M |
| Interest Expense | $25M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $279M |
| Income Tax Expense | $284M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $61M |
| EBIT | $303M |
| EBITDA | $364M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $94M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $382M |
| OPERATING CASH FLOW | $523M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $490M |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $433M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $260M |
| Goodwill | $573M |
| Intangible Assets | $217M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $606M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $348M |
| Short-Term Debt | $155M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $515M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $105M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$3.3B |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.8B |
| Net Debt | $267M |
