| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $544M | $550M | $545M | -1.1% | -0.2% |
| Op. Income | $175M | $174M | $180M | 0.7% | -2.6% |
| Gross Margin | 55.5% | 58.3% | 58.4% | -2.8pp | -2.9pp |
| Net Margin | 22.5% | 27.3% | 19.1% | -4.8pp | 3.4pp |
| EPS (Diluted) | $2.07 | $2.60 | $1.84 | -20.4% | 12.5% |
| Free Cash Flow | $118M | $361M | $22M | -67.3% | 448.8% |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $302M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $77M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $27M |
| EBIT | $175M |
| EBITDA | $202M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $302M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $77M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $27M |
| EBIT | $175M |
| EBITDA | $202M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$101M |
| NET CASH FROM FINANCING | -$277M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $116M |
| Net Receivables | $449M |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $882M |
| PP&E (Net) | $109M |
| Goodwill | $2.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $3.4B |
| Tax Assets | $667M |
| Other Non-Current Assets | -$631M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $100.0K |
| TOTAL CURRENT LIABILITIES | $100.0K |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $925M |
| Retained Earnings | $3.2B |
| Treasury Stock | -$398M |
| Accum. Other Comp. Income | -$109M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
