| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.4B | $2.8B | -2.5% | 20.2% |
| Op. Income | $1.5B | $1.9B | $1.4B | -21.6% | 11.7% |
| Gross Margin | 78.1% | 78.7% | 79.0% | -0.6pp | -0.9pp |
| Net Margin | 6.9% | 42.1% | 33.9% | -35.2pp | -27.0pp |
| EPS (Diluted) | $0.21 | $1.34 | $0.86 | -84.3% | -75.6% |
| Free Cash Flow | $1.6B | $1.6B | $890M | 1.0% | 84.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $726M |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $311M |
| General & Administrative | $625M |
| SG&A Expenses | $936M |
| Other Expenses | $128M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $116M |
| EBIT | $1.5B |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $726M |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $311M |
| General & Administrative | $625M |
| SG&A Expenses | $936M |
| Other Expenses | $128M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $116M |
| EBIT | $1.5B |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $227M |
| Depreciation & Amortization | $116M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $142M |
| Other Non-Cash Items | $444M |
| Change in Working Capital | $793M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$422M |
| Sales/Maturities of Investments | $428M |
| Other Investing Activities | $1.2B |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$233M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $374M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $1.8B |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $13.8B |
| PP&E (Net) | $829M |
| Goodwill | $3.0B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $249M |
| Tax Assets | $250M |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $21.3B |
| Account Payables | $933M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $15.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $22.4B |
| Treasury Stock | -$20.8B |
| Accum. Other Comp. Income | -$497M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $100M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $21.3B |
| Total Debt | $5.4B |
| Net Debt | -$509M |
