| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.5B | -1.1% | 6.1% |
| Op. Income | $458M | $629M | $518M | -27.2% | -11.7% |
| Gross Margin | 90.3% | 91.4% | 89.9% | -1.1pp | 0.4pp |
| Net Margin | 22.9% | 20.7% | 24.0% | 2.2pp | -1.1pp |
| EPS (Diluted) | $2.23 | $2.01 | $2.12 | 10.9% | 5.2% |
| Free Cash Flow | $475M | $700M | $1.3B | -32.2% | -62.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $150M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $484M |
| SG&A Expenses | $500M |
| Other Expenses | $433M |
| Operating Expenses | $933M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $458M |
| Interest Income | $1.1B |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $458M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $333M |
| D&A | $46M |
| EBIT | $458M |
| EBITDA | $503M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $150M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $484M |
| SG&A Expenses | $500M |
| Other Expenses | $433M |
| Operating Expenses | $933M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $458M |
| Interest Income | $1.1B |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $458M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $333M |
| D&A | $46M |
| EBIT | $458M |
| EBITDA | $503M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $353M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$125M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $169M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$288M |
| Sales/Maturities of Investments | $728M |
| Other Investing Activities | -$679M |
| NET CASH FROM INVESTING | -$249M |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$721M |
| Common Dividends Paid | -$112M |
| Other Financing Activities | -$1.5B |
| NET CASH FROM FINANCING | -$364M |
| FREE CASH FLOW | $475M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $9.0B |
| Net Receivables | $5.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21.5B |
| PP&E (Net) | $629M |
| Goodwill | $4.6B |
| Intangible Assets | $65M |
| Long-Term Investments | $91.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $97.0B |
| TOTAL ASSETS | $118.6B |
| Account Payables | $1.7B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90.9B |
| TOTAL CURRENT LIABILITIES | $94.3B |
| Long-Term Debt | $8.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $102.9B |
| Common Stock | $82M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $10.4B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$483M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.7B |
| TOTAL LIABILITIES & EQUITY | $118.6B |
| Total Debt | $10.2B |
| Net Debt | $2.8B |