| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $929M | $619M | $790M | 50.0% | 17.6% |
| Op. Income | $256M | $86M | $197M | 199.4% | 30.3% |
| Gross Margin | 56.3% | 52.0% | 54.2% | 4.2pp | 2.1pp |
| Net Margin | 12.9% | 9.5% | 17.2% | 3.4pp | -4.3pp |
| EPS (Diluted) | $0.88 | $0.43 | $0.99 | 104.7% | -11.1% |
| Free Cash Flow | $307M | -$28M | $244M | 1198.7% | 25.7% |
| Item | Amount |
|---|---|
| REVENUE | $929M |
| Cost of Revenue | $406M |
| GROSS PROFIT | $523M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $264M |
| Other Expenses | $2M |
| Operating Expenses | $266M |
| Cost & Expenses | $673M |
| OPERATING INCOME | $256M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $28M |
| EBIT | $258M |
| EBITDA | $286M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $929M |
| Cost of Revenue | $406M |
| GROSS PROFIT | $523M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $264M |
| Other Expenses | $2M |
| Operating Expenses | $266M |
| Cost & Expenses | $673M |
| OPERATING INCOME | $256M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $28M |
| EBIT | $258M |
| EBITDA | $286M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $203M |
| OPERATING CASH FLOW | $358M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$992.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $307M |
| Net Change in Cash | $340M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $991M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $330M |
| Other Current Assets | -$850.0K |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $474M |
| Goodwill | $25M |
| Intangible Assets | $73.0K |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $562M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $85M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $293M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $402M |
| Common Stock | $628.0K |
| Additional Paid-In Capital | $284M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$143M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $6M |
| Net Debt | -$991M |
