| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | — | -7.1% | — |
| Op. Income | $242M | $377M | — | -35.8% | — |
| Gross Margin | 40.0% | 45.7% | — | -5.7pp | — |
| Net Margin | 11.7% | 17.0% | — | -5.4pp | — |
| EPS (Diluted) | $0.48 | $0.73 | — | -34.2% | — |
| Free Cash Flow | $243M | $343M | — | -29.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $752M |
| GROSS PROFIT | $501M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $121M |
| SG&A Expenses | $121M |
| Other Expenses | $138M |
| Operating Expenses | $259M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $242M |
| Interest Income | $1.0B |
| Interest Expense | $650M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $0 |
| EBIT | $242M |
| EBITDA | $242M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $752M |
| GROSS PROFIT | $501M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $121M |
| SG&A Expenses | $121M |
| Other Expenses | $138M |
| Operating Expenses | $259M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $242M |
| Interest Income | $1.0B |
| Interest Expense | $650M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $0 |
| EBIT | $242M |
| EBITDA | $242M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $91M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $243M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $2.9B |
| NET CASH FROM INVESTING | $2.9B |
| Net Debt Issuance | -$3.2B |
| Common Stock Repurchased | -$180M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$253M |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | $243M |
| Net Change in Cash | -$570M |
