| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $612M | $604M | $544M | 1.4% | 12.5% |
| Op. Income | $199M | $200M | $175M | -0.7% | 13.4% |
| Gross Margin | 56.5% | 57.6% | 55.5% | -1.2pp | 0.9pp |
| Net Margin | 25.0% | 52.2% | 22.5% | -27.2pp | 2.5pp |
| EPS (Diluted) | $2.68 | $5.44 | $2.07 | -50.7% | 29.5% |
| Free Cash Flow | $200M | $365M | $118M | -45.4% | 69.1% |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $199M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $48M |
| INCOME BEFORE TAX | $288M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $29M |
| EBIT | $199M |
| EBITDA | $227M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $199M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $48M |
| INCOME BEFORE TAX | $288M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $29M |
| EBIT | $199M |
| EBITDA | $227M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $90M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$170M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$132M |
| NET CASH FROM FINANCING | -$313M |
| FREE CASH FLOW | $200M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $334M |
| Short-Term Investments | $81M |
| Net Receivables | $532M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $966M |
| PP&E (Net) | $111M |
| Goodwill | $2.7B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $3.4B |
| Tax Assets | $475M |
| Other Non-Current Assets | -$475M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | $3.8B |
| Treasury Stock | -$822M |
| Accum. Other Comp. Income | -$900.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
