| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $1.5B | 8.9% | 51.7% |
| Op. Income | $608M | $538M | $309M | 12.9% | 96.6% |
| Gross Margin | 45.6% | 45.1% | 45.2% | 0.5pp | 0.4pp |
| Net Margin | 22.4% | 26.7% | 16.7% | -4.2pp | 5.7pp |
| EPS (Diluted) | $0.28 | $0.31 | $0.15 | -9.7% | 86.7% |
| Free Cash Flow | $694M | $379M | $372M | 83.4% | 86.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $461M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $608M |
| Interest Income | $18M |
| Interest Expense | $25M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $603M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $526M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $526M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $526M |
| D&A | $79M |
| EBIT | $628M |
| EBITDA | $707M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $461M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $608M |
| Interest Income | $18M |
| Interest Expense | $25M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $603M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $526M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $526M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $526M |
| D&A | $79M |
| EBIT | $628M |
| EBITDA | $707M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $526M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $729M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $35M |
| Purchases of Investments | -$988M |
| Sales/Maturities of Investments | $94M |
| Other Investing Activities | $953M |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$526M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | -$540M |
| FREE CASH FLOW | $694M |
| Net Change in Cash | $249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.7B |
| Net Receivables | $1.7B |
| Inventory | $1.2B |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $686M |
| Goodwill | $1.4B |
| Intangible Assets | $411M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $498M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $465M |
| Short-Term Debt | $908M |
| Deferred Revenue | $608M |
| Other Current Liabilities | $609M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $400M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $162.0K |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $6.2B |
| Treasury Stock | -$5.2B |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $170M |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $2.7B |
| Net Debt | $316M |
