| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.5B | $2.0B | 6.4% | 34.7% |
| Op. Income | $257M | $154M | $49M | 66.9% | 419.6% |
| Gross Margin | 37.2% | 33.2% | 30.0% | 3.9pp | 7.1pp |
| Net Margin | 6.8% | 2.7% | 1.4% | 4.1pp | 5.3pp |
| EPS (Diluted) | $0.04 | $0.01 | $0.01 | 166.7% | 533.9% |
| Free Cash Flow | -$422M | -$637M | -$260M | 33.8% | -62.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $980M |
| R&D Expenses | $257M |
| Selling & Marketing | $271M |
| General & Administrative | $194M |
| SG&A Expenses | $466M |
| Other Expenses | $0 |
| Operating Expenses | $723M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $257M |
| Interest Income | $14M |
| Interest Expense | $47M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $1.3B |
| EBIT | $271M |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $980M |
| R&D Expenses | $257M |
| Selling & Marketing | $271M |
| General & Administrative | $194M |
| SG&A Expenses | $466M |
| Other Expenses | $0 |
| Operating Expenses | $723M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $257M |
| Interest Income | $14M |
| Interest Expense | $47M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $1.3B |
| EBIT | $271M |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | -$2.0B |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | -$344M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $61.0K |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$422M |
| Net Change in Cash | -$390M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $263M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4.3B |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $275M |
| Goodwill | $0 |
| Intangible Assets | $8.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $395M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $295M |
| Short-Term Debt | $0 |
| Deferred Revenue | $459M |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $3.4B |
| Net Debt | $2.3B |
