| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | — | 17.7% | — |
| Op. Income | $309M | $191M | — | 62.1% | — |
| Gross Margin | 45.2% | 43.5% | — | 1.7pp | — |
| Net Margin | 16.7% | 10.9% | — | 5.8pp | — |
| EPS (Diluted) | $0.15 | $0.08 | — | 82.9% | — |
| Free Cash Flow | $372M | $137M | — | 171.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $847M |
| GROSS PROFIT | $699M |
| R&D Expenses | $237M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $309M |
| Interest Income | $9M |
| Interest Expense | $33M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $282M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $259M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $259M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $259M |
| D&A | $75M |
| EBIT | $360M |
| EBITDA | $435M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $847M |
| GROSS PROFIT | $699M |
| R&D Expenses | $237M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $309M |
| Interest Income | $9M |
| Interest Expense | $33M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $282M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $259M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $259M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $259M |
| D&A | $75M |
| EBIT | $360M |
| EBITDA | $435M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $259M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $87M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $424M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $52M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $606M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | $522M |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $372M |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $1.8B |
| Net Receivables | $1.3B |
| Inventory | $972M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $640M |
| Goodwill | $1.4B |
| Intangible Assets | $565M |
| Long-Term Investments | $9M |
| Tax Assets | -$9M |
| Other Non-Current Assets | $466M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $348M |
| Short-Term Debt | $948M |
| Deferred Revenue | $349M |
| Other Current Liabilities | $432M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $366M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $160.0K |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $208M |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $4.3B |
| Net Debt | -$713M |
