| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $892M | $806M | $757M | 10.7% | 17.9% |
| Op. Income | $327M | $279M | $264M | 17.4% | 23.7% |
| Gross Margin | 71.0% | 70.3% | 69.7% | 0.7pp | 1.3pp |
| Net Margin | -4.3% | 36.9% | 27.0% | -41.3pp | -31.3pp |
| EPS (Diluted) | $-0.12 | $0.85 | $0.57 | -114.1% | -121.1% |
| Free Cash Flow | $301M | $303M | $307M | -0.5% | -2.1% |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $633M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $219M |
| SG&A Expenses | $219M |
| Other Expenses | $0 |
| Operating Expenses | $306M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $327M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $378M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $28M |
| EBIT | $327M |
| EBITDA | $351M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $249M |
| OPERATING CASH FLOW | $332M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $31M |
| Purchases of Investments | -$873M |
| Sales/Maturities of Investments | $588M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$316M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$274M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$243M |
| FREE CASH FLOW | $301M |
| Net Change in Cash | -$227M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $0 |
| Net Receivables | $508M |
| Inventory | $241M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $613M |
| Goodwill | $201M |
| Intangible Assets | $26M |
| Long-Term Investments | $1.9B |
| Tax Assets | $87M |
| Other Non-Current Assets | -$1.7B |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $303M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $327M |
| TOTAL NON-CURRENT LIABILITIES | $327M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $2M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $0 |
| Net Debt | -$3.8B |
