| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $917M | $928M | — | -1.2% | — |
| Op. Income | $29M | $33M | — | -12.1% | — |
| Gross Margin | 49.9% | 48.5% | — | 1.5pp | — |
| Net Margin | 2.9% | 2.7% | — | 0.3pp | — |
| EPS (Diluted) | $0.20 | $0.19 | — | 5.3% | — |
| Free Cash Flow | $188M | $484M | — | -61.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $917M |
| Cost of Revenue | $459M |
| GROSS PROFIT | $458M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $230M |
| SG&A Expenses | $230M |
| Other Expenses | $199M |
| Operating Expenses | $429M |
| Cost & Expenses | $888M |
| OPERATING INCOME | $29M |
| Interest Income | $768M |
| Interest Expense | $201M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $105M |
| EBIT | $29M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $917M |
| Cost of Revenue | $459M |
| GROSS PROFIT | $458M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $230M |
| SG&A Expenses | $230M |
| Other Expenses | $199M |
| Operating Expenses | $429M |
| Cost & Expenses | $888M |
| OPERATING INCOME | $29M |
| Interest Income | $768M |
| Interest Expense | $201M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $105M |
| EBIT | $29M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $259M |
| Change in Working Capital | -$212M |
| OPERATING CASH FLOW | $187M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$301M |
| Sales/Maturities of Investments | $251M |
| Other Investing Activities | -$156M |
| NET CASH FROM INVESTING | -$206M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $579M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | -$140M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $167M |
| Goodwill | $1.4B |
| Intangible Assets | $492M |
| Long-Term Investments | $1.8B |
| Tax Assets | $63M |
| Other Non-Current Assets | $11.9B |
| TOTAL NON-CURRENT ASSETS | $15.8B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$159M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $14.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $15.1B |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $14.0B |
| Net Debt | $13.4B |
