| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $828M | $763M | $783M | 8.6% | 5.7% |
| Op. Income | $130M | $111M | $170M | 16.8% | -23.5% |
| Gross Margin | 43.8% | 42.9% | 46.0% | 1.0pp | -2.2pp |
| Net Margin | 14.0% | 10.5% | 15.1% | 3.5pp | -1.2pp |
| EPS (Diluted) | $1.45 | $1.00 | $1.47 | 45.0% | -1.4% |
| Free Cash Flow | -$8M | $150M | $17M | -105.5% | -146.9% |
| Item | Amount |
|---|---|
| REVENUE | $828M |
| Cost of Revenue | $465M |
| GROSS PROFIT | $363M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $17M |
| Operating Expenses | $233M |
| Cost & Expenses | $698M |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $27M |
| EBIT | $151M |
| EBITDA | $178M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $828M |
| Cost of Revenue | $465M |
| GROSS PROFIT | $363M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $17M |
| Operating Expenses | $233M |
| Cost & Expenses | $698M |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $27M |
| EBIT | $151M |
| EBITDA | $178M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | -$85M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$138M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $619.0K |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $205M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $117M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $0 |
| Net Receivables | $807M |
| Inventory | $604M |
| Other Current Assets | -$170M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $792M |
| Goodwill | $1.1B |
| Intangible Assets | $390M |
| Long-Term Investments | $0 |
| Tax Assets | $148M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $277M |
| Short-Term Debt | $366M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $248M |
| TOTAL CURRENT LIABILITIES | $986M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $409M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $14M |
| Additional Paid-In Capital | $155M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$681M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
