| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $961M | $917M | 4.7% | 9.7% |
| Op. Income | $187M | $121M | $29M | 54.5% | 544.8% |
| Gross Margin | 56.8% | 53.2% | 49.9% | 3.6pp | 6.8pp |
| Net Margin | 3.9% | 7.2% | 2.9% | -3.3pp | 0.9pp |
| EPS (Diluted) | $0.29 | $0.51 | $0.20 | -43.1% | 45.0% |
| Free Cash Flow | $316M | $500M | $188M | -36.8% | 68.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $435M |
| GROSS PROFIT | $571M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $240M |
| SG&A Expenses | $240M |
| Other Expenses | $144M |
| Operating Expenses | $384M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $187M |
| Interest Income | $857M |
| Interest Expense | $204M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $63M |
| EBIT | $187M |
| EBITDA | $250M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $435M |
| GROSS PROFIT | $571M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $240M |
| SG&A Expenses | $240M |
| Other Expenses | $144M |
| Operating Expenses | $384M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $187M |
| Interest Income | $857M |
| Interest Expense | $204M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $63M |
| EBIT | $187M |
| EBITDA | $250M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $62M |
| Other Non-Cash Items | $239M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $315M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$163M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | -$695M |
| NET CASH FROM INVESTING | -$729M |
| Net Debt Issuance | $413M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $413M |
| FREE CASH FLOW | $316M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $987M |
| Short-Term Investments | $1.7B |
| Net Receivables | $149M |
| Inventory | $0 |
| Other Current Assets | -$258M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $144M |
| Goodwill | $1.4B |
| Intangible Assets | $440M |
| Long-Term Investments | $1.7B |
| Tax Assets | $40M |
| Other Non-Current Assets | $13.0B |
| TOTAL NON-CURRENT ASSETS | $16.7B |
| TOTAL ASSETS | $19.4B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$177M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $15.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.2B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $19.4B |
| Total Debt | $15.1B |
| Net Debt | $14.1B |
