| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $951M | $828M | $811M | 14.8% | 17.2% |
| Op. Income | $94M | -$19M | $113M | 607.5% | -16.3% |
| Gross Margin | 79.0% | 79.9% | 73.8% | -0.9pp | 5.2pp |
| Net Margin | 3.5% | 21.7% | 12.6% | -18.2pp | -9.1pp |
| EPS (Diluted) | $0.37 | $2.06 | $1.29 | -82.0% | -71.3% |
| Free Cash Flow | $100M | $125M | $135M | -20.3% | -25.7% |
| Item | Amount |
|---|---|
| REVENUE | $951M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $751M |
| R&D Expenses | $70M |
| Selling & Marketing | $358M |
| General & Administrative | $190M |
| SG&A Expenses | $548M |
| Other Expenses | $39M |
| Operating Expenses | $657M |
| Cost & Expenses | $856M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $39M |
| EBIT | $86M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $951M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $751M |
| R&D Expenses | $70M |
| Selling & Marketing | $358M |
| General & Administrative | $190M |
| SG&A Expenses | $548M |
| Other Expenses | $39M |
| Operating Expenses | $657M |
| Cost & Expenses | $856M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $39M |
| EBIT | $86M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | -$503M |
| Change in Working Capital | $434M |
| OPERATING CASH FLOW | $119M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$80M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $65M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $296M |
| NET CASH FROM FINANCING | $296M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $378M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $5M |
| Net Receivables | $304M |
| Inventory | $0 |
| Other Current Assets | $185M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $315M |
| Goodwill | $2.6B |
| Intangible Assets | $664M |
| Long-Term Investments | $65M |
| Tax Assets | $35M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $77M |
| Short-Term Debt | $12M |
| Deferred Revenue | $342M |
| Other Current Liabilities | $369M |
| TOTAL CURRENT LIABILITIES | $800M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $624M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $595M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$272M |
| Other Equity | $2.1B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.0B |
| Net Debt | $362M |
