| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $781M | $893M | $712M | -12.5% | 9.7% |
| Op. Income | $52M | $64M | $48M | -17.9% | 9.2% |
| Gross Margin | 21.9% | 21.7% | 22.1% | 0.2pp | -0.2pp |
| Net Margin | 4.1% | 4.4% | 4.1% | -0.3pp | 0.0pp |
| EPS (Diluted) | $0.77 | $0.94 | $0.69 | -18.1% | 11.6% |
| Free Cash Flow | $57M | $14M | $71M | 303.1% | -20.0% |
| Item | Amount |
|---|---|
| REVENUE | $781M |
| Cost of Revenue | $610M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $64M |
| General & Administrative | $38M |
| SG&A Expenses | $102M |
| Other Expenses | $17M |
| Operating Expenses | $119M |
| Cost & Expenses | $729M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $10M |
| EBIT | $52M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $781M |
| Cost of Revenue | $610M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $64M |
| General & Administrative | $38M |
| SG&A Expenses | $102M |
| Other Expenses | $17M |
| Operating Expenses | $119M |
| Cost & Expenses | $729M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $10M |
| EBIT | $52M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $994.0K |
| Deferred Income Tax | -$709.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$339.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $62M |
| Net Receivables | $463M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $749M |
| PP&E (Net) | $263M |
| Goodwill | $31M |
| Intangible Assets | $0 |
| Long-Term Investments | -$53M |
| Tax Assets | $53M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $357M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $201M |
| Short-Term Debt | $72M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $83M |
| Deferred Revenue NC | -$53M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $532M |
| Common Stock | $677.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $574M |
| Minority Interest | $0 |
| TOTAL EQUITY | $574M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $155M |
| Net Debt | -$60M |
