| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | — | 5.6% | — |
| Op. Income | $316M | $309M | — | 2.2% | — |
| Gross Margin | 43.9% | 45.2% | — | -1.3pp | — |
| Net Margin | 16.2% | 16.7% | — | -0.6pp | — |
| EPS (Diluted) | $0.15 | $0.15 | — | 0.0% | — |
| Free Cash Flow | $431M | $372M | — | 15.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $916M |
| GROSS PROFIT | $716M |
| R&D Expenses | $235M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | $0 |
| Operating Expenses | $400M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $316M |
| Interest Income | $13M |
| Interest Expense | $41M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $293M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $264M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $75M |
| EBIT | $334M |
| EBITDA | $409M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $916M |
| GROSS PROFIT | $716M |
| R&D Expenses | $235M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | $0 |
| Operating Expenses | $400M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $316M |
| Interest Income | $13M |
| Interest Expense | $41M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $293M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $264M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $75M |
| EBIT | $334M |
| EBITDA | $409M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $264M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $473M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $42M |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $432M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | $377M |
| Net Debt Issuance | -$371.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $431M |
| Net Change in Cash | $822M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $1.4B |
| Net Receivables | $1.3B |
| Inventory | $932M |
| Other Current Assets | $392.0K |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $650M |
| Goodwill | $1.4B |
| Intangible Assets | $527M |
| Long-Term Investments | $261M |
| Tax Assets | $0 |
| Other Non-Current Assets | $215M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $350M |
| Short-Term Debt | $953M |
| Deferred Revenue | $418M |
| Other Current Liabilities | $460M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $385M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $162.0K |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | $5.0B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $202M |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $4.3B |
| Net Debt | -$1.5B |
