| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.1B | 5.5% | -1.6% |
| Op. Income | $144M | $158M | $168M | -9.1% | -14.6% |
| Gross Margin | 81.4% | 81.2% | 81.0% | 0.2pp | 0.5pp |
| Net Margin | 7.7% | 9.5% | 8.6% | -1.8pp | -0.8pp |
| EPS (Diluted) | $0.49 | $0.58 | $0.56 | -15.5% | -12.5% |
| Free Cash Flow | $151M | $86M | $111M | 75.8% | 35.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $205M |
| GROSS PROFIT | $898M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $439M |
| Other Expenses | $315M |
| Operating Expenses | $754M |
| Cost & Expenses | $958M |
| OPERATING INCOME | $144M |
| Interest Income | $2M |
| Interest Expense | $33M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $25M |
| EBIT | $144M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $205M |
| GROSS PROFIT | $898M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $439M |
| Other Expenses | $315M |
| Operating Expenses | $754M |
| Cost & Expenses | $958M |
| OPERATING INCOME | $144M |
| Interest Income | $2M |
| Interest Expense | $33M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $25M |
| EBIT | $144M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $861M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $781M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $939M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $375M |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $373M |
| Goodwill | $94M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $374M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $81M |
| Short-Term Debt | $104M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $665M |
| TOTAL CURRENT LIABILITIES | $941M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $469M |
| Retained Earnings | $48M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.3B |
| Net Debt | $520M |
