| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.5B | $5.0B | 3.2% | 13.7% |
| Op. Income | $239M | $228M | $212M | 4.7% | 12.6% |
| Gross Margin | 16.6% | 16.5% | 17.0% | 0.1pp | -0.4pp |
| Net Margin | 3.8% | 2.5% | 2.6% | 1.3pp | 1.3pp |
| EPS (Diluted) | $3.22 | $2.04 | $1.87 | 57.8% | 72.2% |
| Free Cash Flow | $99M | $125M | $183M | -20.8% | -46.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $935M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $696M |
| SG&A Expenses | $696M |
| Other Expenses | $0 |
| Operating Expenses | $696M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $239M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $216M |
| D&A | $22M |
| EBIT | $234M |
| EBITDA | $256M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $935M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $696M |
| SG&A Expenses | $696M |
| Other Expenses | $0 |
| Operating Expenses | $696M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $239M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $216M |
| D&A | $22M |
| EBIT | $234M |
| EBITDA | $256M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $216M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$237M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $689M |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $158M |
| Goodwill | $1.3B |
| Intangible Assets | $284M |
| Long-Term Investments | $159M |
| Tax Assets | -$159M |
| Other Non-Current Assets | $928M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $469M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $478M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $738M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$288M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $83M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $948M |
| Net Debt | $259M |
