| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $995M | $951M | $761M | 4.7% | 30.8% |
| Op. Income | $90M | $94M | $37M | -4.7% | 142.6% |
| Gross Margin | 79.7% | 79.0% | 80.8% | 0.7pp | -1.1pp |
| Net Margin | 7.1% | 3.5% | 3.4% | 3.7pp | 3.7pp |
| EPS (Diluted) | $0.80 | $0.37 | $0.32 | 116.2% | 150.0% |
| Free Cash Flow | $137M | $100M | $57M | 37.3% | 142.2% |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $793M |
| R&D Expenses | $77M |
| Selling & Marketing | $403M |
| General & Administrative | $184M |
| SG&A Expenses | $587M |
| Other Expenses | $39M |
| Operating Expenses | $703M |
| Cost & Expenses | $905M |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $39M |
| EBIT | $85M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $793M |
| R&D Expenses | $77M |
| Selling & Marketing | $403M |
| General & Administrative | $184M |
| SG&A Expenses | $587M |
| Other Expenses | $39M |
| Operating Expenses | $703M |
| Cost & Expenses | $905M |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $39M |
| EBIT | $85M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$83M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $6M |
| Net Receivables | $325M |
| Inventory | $0 |
| Other Current Assets | $234M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $302M |
| Goodwill | $2.6B |
| Intangible Assets | $653M |
| Long-Term Investments | $82M |
| Tax Assets | $36M |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $80M |
| Short-Term Debt | $24M |
| Deferred Revenue | $374M |
| Other Current Liabilities | $351M |
| TOTAL CURRENT LIABILITIES | $829M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $688M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $703M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$150M |
| Other Equity | $1.9B |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.0B |
| Net Debt | $337M |
