| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $761M | $811M | $819M | -6.2% | -7.1% |
| Op. Income | $37M | $113M | $21M | -67.1% | 73.4% |
| Gross Margin | 80.8% | 73.8% | 76.4% | 7.0pp | 4.5pp |
| Net Margin | 3.4% | 12.6% | 1.0% | -9.1pp | 2.4pp |
| EPS (Diluted) | $0.32 | $1.29 | $0.10 | -75.2% | 220.0% |
| Free Cash Flow | $57M | $135M | $23M | -57.9% | 143.0% |
| Item | Amount |
|---|---|
| REVENUE | $761M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $615M |
| R&D Expenses | $55M |
| Selling & Marketing | $350M |
| General & Administrative | $144M |
| SG&A Expenses | $494M |
| Other Expenses | $29M |
| Operating Expenses | $578M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $29M |
| EBIT | $29M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $761M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $615M |
| R&D Expenses | $55M |
| Selling & Marketing | $350M |
| General & Administrative | $144M |
| SG&A Expenses | $494M |
| Other Expenses | $29M |
| Operating Expenses | $578M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $29M |
| EBIT | $29M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$52M |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $154M |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$94M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $34M |
| Net Receivables | $219M |
| Inventory | $0 |
| Other Current Assets | $236M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $292M |
| Goodwill | $1.9B |
| Intangible Assets | $327M |
| Long-Term Investments | $120M |
| Tax Assets | $243M |
| Other Non-Current Assets | -$163M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $83M |
| Short-Term Debt | $33M |
| Deferred Revenue | $272M |
| Other Current Liabilities | $291M |
| TOTAL CURRENT LIABILITIES | $679M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $243M |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $257.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $316M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $1.7B |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.6B |
| Net Debt | $180M |
