| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.1B | -1.3% | 47.3% |
| Op. Income | $419M | $270M | $243M | 55.2% | 72.4% |
| Gross Margin | 87.7% | 88.1% | 84.3% | -0.5pp | 3.3pp |
| Net Margin | 20.5% | 14.3% | 17.5% | 6.2pp | 3.0pp |
| EPS (Diluted) | $0.27 | $0.19 | $0.22 | 42.1% | 22.7% |
| Free Cash Flow | -$407M | $763M | $365M | -153.3% | -211.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $195M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $586M |
| SG&A Expenses | $607M |
| Other Expenses | $360M |
| Operating Expenses | $967M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $419M |
| Interest Income | $1.1B |
| Interest Expense | $132M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $324M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $100M |
| EBIT | $419M |
| EBITDA | $519M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $195M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $586M |
| SG&A Expenses | $607M |
| Other Expenses | $360M |
| Operating Expenses | $967M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $419M |
| Interest Income | $1.1B |
| Interest Expense | $132M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $324M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $100M |
| EBIT | $419M |
| EBITDA | $519M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $325M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $137M |
| Other Non-Cash Items | -$940M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | -$405M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$608M |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$198M |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$935M |
| Common Stock Repurchased | -$107M |
| Common Dividends Paid | -$118M |
| Other Financing Activities | -$158M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | -$407M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $549M |
| Short-Term Investments | $2.8B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $935M |
| Goodwill | $2.4B |
| Intangible Assets | $362M |
| Long-Term Investments | $113.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.6B |
| TOTAL NON-CURRENT ASSETS | $126.5B |
| TOTAL ASSETS | $134.5B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104.0B |
| TOTAL CURRENT LIABILITIES | $106.9B |
| Long-Term Debt | $12.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $255M |
| TOTAL NON-CURRENT LIABILITIES | $12.6B |
| TOTAL LIABILITIES | $119.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $9.6B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$554M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.0B |
| Minority Interest | $2M |
| TOTAL EQUITY | $15.0B |
| TOTAL LIABILITIES & EQUITY | $134.5B |
| Total Debt | $13.7B |
| Net Debt | $13.2B |
