| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | — | 3.5% | — |
| Op. Income | $191M | $164M | — | 16.4% | — |
| Gross Margin | 13.6% | 12.1% | — | 1.5pp | — |
| Net Margin | 8.5% | 7.4% | — | 1.1pp | — |
| EPS (Diluted) | $0.46 | $0.39 | — | 17.9% | — |
| Free Cash Flow | $235M | $238M | — | -1.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $20M |
| Operating Expenses | $20M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $132M |
| Net Income Deductions | $11M |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $0 |
| EBIT | $207M |
| EBITDA | $207M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $20M |
| Operating Expenses | $20M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $132M |
| Net Income Deductions | $11M |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $0 |
| EBIT | $207M |
| EBITDA | $207M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $115M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$538M |
| Sales/Maturities of Investments | $321M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | -$187M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$49M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $235M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $274M |
| Long-Term Investments | $2.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$485M |
| TOTAL CURRENT LIABILITIES | $485M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $12.1B |
| TOTAL NON-CURRENT LIABILITIES | $14.1B |
| TOTAL LIABILITIES | $14.1B |
| Common Stock | $263M |
| Additional Paid-In Capital | $714M |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $324M |
| Other Equity | -$39M |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $1.5B |
| Net Debt | -$8.4B |
