| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.0B | — | 5.2% | — |
| Op. Income | $115M | $106M | — | 8.5% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -20.6% | -0.3% | — | -20.4pp | — |
| EPS (Diluted) | $-0.74 | $-0.01 | — | -8504.7% | — |
| Free Cash Flow | $187M | $155M | — | 20.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $720M |
| Other Expenses | $1.2B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $115M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | -$523M |
| INCOME BEFORE TAX | -$408M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$424M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$429M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$430M |
| D&A | $100M |
| EBIT | $115M |
| EBITDA | $215M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$429M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $484M |
| Change in Working Capital | $139M |
| OPERATING CASH FLOW | $275M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $187M |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $208M |
| Other Current Assets | $315M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $1.6B |
| Goodwill | $3.8B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $2.0B |
| Tax Assets | $525M |
| Other Non-Current Assets | $442M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $222M |
| Short-Term Debt | $103M |
| Deferred Revenue | $426M |
| Other Current Liabilities | $458M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $276M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $670M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $6M |
| Additional Paid-In Capital | $12.4B |
| Retained Earnings | -$648M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$964M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $284M |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $379M |
| Net Debt | -$1.6B |
