| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | — | 17.5% | — |
| Op. Income | $270M | $188M | — | 43.6% | — |
| Gross Margin | 88.1% | 87.6% | — | 0.5pp | — |
| Net Margin | 14.3% | 12.6% | — | 1.7pp | — |
| EPS (Diluted) | $0.19 | $0.17 | — | 11.8% | — |
| Free Cash Flow | $763M | $87M | — | 777.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $190M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $675M |
| SG&A Expenses | $710M |
| Other Expenses | $432M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $270M |
| Interest Income | $1.1B |
| Interest Expense | $124M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $21M |
| EBIT | $270M |
| EBITDA | $291M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $190M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $675M |
| SG&A Expenses | $710M |
| Other Expenses | $432M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $270M |
| Interest Income | $1.1B |
| Interest Expense | $124M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $21M |
| EBIT | $270M |
| EBITDA | $291M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $74M |
| Other Non-Cash Items | $414M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $829M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | -$1.0B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $873M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$111M |
| Other Financing Activities | -$100M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $763M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $677M |
| Short-Term Investments | $23.0B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28.3B |
| PP&E (Net) | $978M |
| Goodwill | $2.4B |
| Intangible Assets | $384M |
| Long-Term Investments | $95.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.3B |
| TOTAL NON-CURRENT ASSETS | $108.1B |
| TOTAL ASSETS | $136.5B |
| Account Payables | $0 |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104.1B |
| TOTAL CURRENT LIABILITIES | $108.2B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $636M |
| TOTAL NON-CURRENT LIABILITIES | $13.0B |
| TOTAL LIABILITIES | $121.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | $9.4B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$541M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.2B |
| TOTAL LIABILITIES & EQUITY | $136.5B |
| Total Debt | $14.7B |
| Net Debt | $14.0B |
