| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $799M | -1.7% | 41.4% |
| Op. Income | $267M | $313M | $226M | -14.7% | 18.0% |
| Gross Margin | 86.0% | 86.5% | 89.8% | -0.5pp | -3.8pp |
| Net Margin | 18.4% | 20.8% | 21.4% | -2.4pp | -3.0pp |
| EPS (Diluted) | $0.17 | $0.18 | $0.20 | -5.6% | -15.0% |
| Free Cash Flow | $341M | $473M | $180M | -27.9% | 89.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $158M |
| GROSS PROFIT | $972M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $402M |
| SG&A Expenses | $416M |
| Other Expenses | $289M |
| Operating Expenses | $705M |
| Cost & Expenses | $863M |
| OPERATING INCOME | $267M |
| Interest Income | $820M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $211M |
| EBIT | $267M |
| EBITDA | $478M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $158M |
| GROSS PROFIT | $972M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $402M |
| SG&A Expenses | $416M |
| Other Expenses | $289M |
| Operating Expenses | $705M |
| Cost & Expenses | $863M |
| OPERATING INCOME | $267M |
| Interest Income | $820M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $211M |
| EBIT | $267M |
| EBITDA | $478M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $211M |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | $396M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$896M |
| Sales/Maturities of Investments | $560M |
| Other Investing Activities | -$345M |
| NET CASH FROM INVESTING | -$736M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$87M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $265M |
| FREE CASH FLOW | $341M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $819M |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $853M |
| Goodwill | $2.0B |
| Intangible Assets | $616M |
| Long-Term Investments | $89.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $95.8B |
| TOTAL ASSETS | $100.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77.4B |
| TOTAL CURRENT LIABILITIES | $80.3B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $89.6B |
| Common Stock | $11M |
| Additional Paid-In Capital | $9.9B |
| Retained Earnings | -$126M |
| Treasury Stock | -$27M |
| Accum. Other Comp. Income | -$391M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $100.0B |
| Total Debt | $10.5B |
| Net Debt | $9.2B |
