| Metric | FY 2014 | Prior Q | FY 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | — | $4.3B | — | -3.5% |
| Op. Income | $496M | — | $648M | — | -23.5% |
| Gross Margin | 54.9% | — | 52.0% | — | 2.9pp |
| Net Margin | 10.7% | — | 13.1% | — | -2.5pp |
| EPS (Diluted) | $0.02 | — | $0.02 | — | -17.4% |
| Free Cash Flow | $580M | — | $641M | — | -9.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $436M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $496M |
| Interest Income | $17M |
| Interest Expense | $10M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $440M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440M |
| D&A | $239M |
| EBIT | $520M |
| EBITDA | $759M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $436M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $496M |
| Interest Income | $17M |
| Interest Expense | $10M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $440M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440M |
| D&A | $239M |
| EBIT | $520M |
| EBITDA | $759M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $440M |
| Depreciation & Amortization | $239M |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $835M |
| Capital Expenditure | -$255M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$806M |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$887M |
| Common Dividends Paid | -$181M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $390M |
| FREE CASH FLOW | $580M |
| Net Change in Cash | $419M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $3.5B |
| Net Receivables | $426M |
| Inventory | $388M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $583M |
| Goodwill | $643M |
| Intangible Assets | $296M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $324M |
| Short-Term Debt | $0 |
| Deferred Revenue | $269M |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $945M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $172M |
| Deferred Tax Liabilities | $158M |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $732.0K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.5B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $1.4B |
| Net Debt | $222M |