| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $734M | $727M | — | 1.0% | — |
| Op. Income | $146M | $147M | — | -0.7% | — |
| Gross Margin | 55.1% | 55.9% | — | -0.8pp | — |
| Net Margin | 11.8% | 12.7% | — | -0.9pp | — |
| EPS (Diluted) | $0.30 | $0.33 | — | -9.1% | — |
| Free Cash Flow | $145M | $195M | — | -25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $405M |
| R&D Expenses | $54M |
| Selling & Marketing | $110M |
| General & Administrative | $70M |
| SG&A Expenses | $180M |
| Other Expenses | $10M |
| Operating Expenses | $256M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $146M |
| Interest Income | $300.0K |
| Interest Expense | $40M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $115M |
| EBIT | $157M |
| EBITDA | $272M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $405M |
| R&D Expenses | $54M |
| Selling & Marketing | $110M |
| General & Administrative | $70M |
| SG&A Expenses | $180M |
| Other Expenses | $10M |
| Operating Expenses | $256M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $146M |
| Interest Income | $300.0K |
| Interest Expense | $40M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $115M |
| EBIT | $157M |
| EBITDA | $272M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $170M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $400.0K |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $646M |
| Short-Term Investments | $0 |
| Net Receivables | $420M |
| Inventory | $258M |
| Other Current Assets | $996M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $433M |
| Goodwill | $2.5B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $139M |
| Short-Term Debt | $707M |
| Deferred Revenue | $146M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $959M |
| Other Non-Current Liabilities | $229M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | -$3.1B |
| Treasury Stock | -$250M |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $3.3B |
| Net Debt | $2.7B |
