| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | $703M | $557M | -11.1% | 12.2% |
| Op. Income | $54M | $109M | $64M | -50.8% | -16.9% |
| Gross Margin | 62.0% | 60.3% | 61.9% | 1.7pp | 0.0pp |
| Net Margin | 5.8% | 9.5% | 7.2% | -3.6pp | -1.4pp |
| EPS (Diluted) | $0.43 | $0.79 | $0.54 | -45.6% | -20.4% |
| Free Cash Flow | -$40M | $70M | $2M | -157.3% | -2095.3% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $238M |
| GROSS PROFIT | $388M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $304M |
| SG&A Expenses | $304M |
| Other Expenses | $30M |
| Operating Expenses | $334M |
| Cost & Expenses | $572M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $17M |
| EBIT | $54M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $238M |
| GROSS PROFIT | $388M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $304M |
| SG&A Expenses | $304M |
| Other Expenses | $30M |
| Operating Expenses | $334M |
| Cost & Expenses | $572M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $17M |
| EBIT | $54M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $468.0K |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$129M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$140M |
| Net Debt Issuance | $955M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | $917M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $754M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $716M |
| Inventory | $0 |
| Other Current Assets | $140M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $126M |
| Goodwill | $855M |
| Intangible Assets | $81M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $332M |
| Short-Term Debt | $29M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $78.0K |
| Additional Paid-In Capital | $881M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.6B |
| Net Debt | $401M |
