| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $757M | $683M | — | 10.8% | — |
| Op. Income | $264M | $256M | — | 3.1% | — |
| Gross Margin | 69.7% | 71.3% | — | -1.7pp | — |
| Net Margin | 27.0% | 30.9% | — | -3.9pp | — |
| EPS (Diluted) | $0.57 | $0.59 | — | -3.4% | — |
| Free Cash Flow | $307M | $245M | — | 25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $757M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $527M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $194M |
| SG&A Expenses | $194M |
| Other Expenses | $0 |
| Operating Expenses | $263M |
| Cost & Expenses | $493M |
| OPERATING INCOME | $264M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $24M |
| EBIT | $264M |
| EBITDA | $289M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $757M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $527M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $194M |
| SG&A Expenses | $194M |
| Other Expenses | $0 |
| Operating Expenses | $263M |
| Cost & Expenses | $493M |
| OPERATING INCOME | $264M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $24M |
| EBIT | $264M |
| EBITDA | $289M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $204M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $325M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $18M |
| Purchases of Investments | -$689M |
| Sales/Maturities of Investments | $398M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$309M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$100.0K |
| FREE CASH FLOW | $307M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $0 |
| Net Receivables | $430M |
| Inventory | $182M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $458M |
| Goodwill | $201M |
| Intangible Assets | $32M |
| Long-Term Investments | $2.3B |
| Tax Assets | $151M |
| Other Non-Current Assets | -$2.1B |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $250M |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $709M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $709M |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $0 |
| Net Debt | -$4.8B |
