| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $636M | $704M | — | -9.7% | — |
| Op. Income | $150M | $157M | — | -4.2% | — |
| Gross Margin | 43.1% | 45.9% | — | -2.8pp | — |
| Net Margin | 16.9% | 18.2% | — | -1.3pp | — |
| EPS (Diluted) | $0.81 | $0.96 | — | -15.6% | — |
| Free Cash Flow | $91M | $285M | — | -68.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $362M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $55M |
| SG&A Expenses | $75M |
| Other Expenses | $49M |
| Operating Expenses | $124M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $150M |
| Interest Income | $2M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $11M |
| EBIT | $164M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $362M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $55M |
| SG&A Expenses | $75M |
| Other Expenses | $49M |
| Operating Expenses | $124M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $150M |
| Interest Income | $2M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $11M |
| EBIT | $164M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $93M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$143M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $135.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$396.0K |
| Common Stock Repurchased | -$106M |
| Common Dividends Paid | -$192M |
| Other Financing Activities | -$71M |
| NET CASH FROM FINANCING | -$370M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | -$267M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $891M |
| Short-Term Investments | $572M |
| Net Receivables | $528M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $206M |
| Goodwill | $380M |
| Intangible Assets | $8M |
| Long-Term Investments | $382M |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $249M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $626M |
| Other Current Liabilities | -$626M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $626M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $203M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $608M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$262M |
| Accum. Other Comp. Income | -$297M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $60M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.2B |
| Net Debt | $305M |
