| Metric | Q4 2015 | Q3 2015 | Q4 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $459M | $588M | $582M | -22.0% | -21.2% |
| Op. Income | $65M | $95M | $87M | -31.6% | -25.9% |
| Gross Margin | 66.8% | 62.1% | 61.9% | 4.6pp | 4.9pp |
| Net Margin | 19.7% | 10.1% | 10.3% | 9.6pp | 9.4pp |
| EPS (Diluted) | $1.31 | $0.86 | $0.87 | 52.3% | 50.6% |
| Free Cash Flow | $91M | $134M | $55M | -32.1% | 66.5% |
| Item | Amount |
|---|---|
| REVENUE | $459M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $306M |
| R&D Expenses | $0 |
| Selling & Marketing | $213M |
| General & Administrative | $181M |
| SG&A Expenses | $394M |
| Other Expenses | $0 |
| Operating Expenses | $394M |
| Cost & Expenses | $546M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $61M |
| EBIT | $65M |
| EBITDA | $177M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $459M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $306M |
| R&D Expenses | $0 |
| Selling & Marketing | $213M |
| General & Administrative | $181M |
| SG&A Expenses | $394M |
| Other Expenses | $0 |
| Operating Expenses | $394M |
| Cost & Expenses | $546M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $61M |
| EBIT | $65M |
| EBITDA | $177M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | -$223M |
| Change in Working Capital | $168M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $93M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $292M |
| Short-Term Investments | $0 |
| Net Receivables | $356M |
| Inventory | $0 |
| Other Current Assets | $308M |
| TOTAL CURRENT ASSETS | $955M |
| PP&E (Net) | $314M |
| Goodwill | $3.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $59M |
| Short-Term Debt | $36M |
| Deferred Revenue | $552M |
| Other Current Liabilities | $312M |
| TOTAL CURRENT LIABILITIES | $960M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $260M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $703.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$191M |
| Other Equity | $736M |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
