| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.7B | $4.1B | 1.8% | -9.5% |
| Op. Income | $323M | $323M | $513M | -0.1% | -37.0% |
| Gross Margin | 32.8% | 34.5% | 36.8% | -1.6pp | -4.0pp |
| Net Margin | 44.2% | 6.4% | 4.0% | 37.8pp | 40.2pp |
| EPS (Diluted) | $3.38 | $0.48 | $0.34 | 604.2% | 894.1% |
| Free Cash Flow | $877M | $81M | $838M | 978.4% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $158M |
| Selling & Marketing | -$2M |
| General & Administrative | $879M |
| SG&A Expenses | $876M |
| Other Expenses | -$5M |
| Operating Expenses | $876M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $323M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | -$1.5B |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $160M |
| EBIT | $351M |
| EBITDA | $476M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $158M |
| Selling & Marketing | -$2M |
| General & Administrative | $879M |
| SG&A Expenses | $876M |
| Other Expenses | -$5M |
| Operating Expenses | $876M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $323M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | -$1.5B |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $160M |
| EBIT | $351M |
| EBITDA | $476M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $160M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$1.7B |
| Other Non-Cash Items | -$400.0K |
| Change in Working Capital | $851M |
| OPERATING CASH FLOW | $990M |
| Capital Expenditure | -$113M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | -$352M |
| Common Stock Repurchased | -$152M |
| Common Dividends Paid | -$112M |
| Other Financing Activities | -$575M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $877M |
| Net Change in Cash | -$307M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $486M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $2.5B |
| Other Current Assets | $420M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $1.7B |
| Goodwill | $10.6B |
| Intangible Assets | $14.2B |
| Long-Term Investments | $0 |
| Tax Assets | $151M |
| Other Non-Current Assets | $403M |
| TOTAL NON-CURRENT ASSETS | $27.1B |
| TOTAL ASSETS | $33.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $663M |
| Deferred Revenue | $180M |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $14.6B |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $508M |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$574M |
| Accum. Other Comp. Income | -$763M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.1B |
| Minority Interest | $37M |
| TOTAL EQUITY | $14.2B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $10.6B |
| Net Debt | $10.1B |
