| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.5B | $3.2B | 4.2% | 12.8% |
| Op. Income | -$388M | $510M | $196M | -176.1% | -298.0% |
| Gross Margin | 63.7% | 16.6% | 70.0% | 47.1pp | -6.3pp |
| Net Margin | 22.3% | 11.9% | 6.0% | 10.4pp | 16.3pp |
| EPS (Diluted) | $3.67 | $1.87 | $0.82 | 96.3% | 347.6% |
| Free Cash Flow | $179M | $407M | $595M | -56.0% | -69.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.7B |
| Operating Expenses | $2.7B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | -$388M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$388M |
| Income Tax Expense | -$1.2B |
| Net Income from Continuing Ops | $815M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $815M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $815M |
| D&A | $0 |
| EBIT | -$325M |
| EBITDA | -$325M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $815M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | -$930M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $888M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | -$337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $95.1B |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | $13.8B |
| TOTAL CURRENT ASSETS | $115.8B |
| PP&E (Net) | $0 |
| Goodwill | $1.4B |
| Intangible Assets | $152M |
| Long-Term Investments | $96.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $67.9B |
| TOTAL NON-CURRENT ASSETS | $166.0B |
| TOTAL ASSETS | $281.8B |
| Account Payables | $0 |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.9B |
| TOTAL CURRENT LIABILITIES | $259.5B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $259.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $264.4B |
| Common Stock | $5.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.3B |
| TOTAL LIABILITIES & EQUITY | $281.8B |
| Total Debt | $5.3B |
| Net Debt | $3.7B |
