| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.6B | — | -9.0% |
| Op. Income | $143M | — | $315M | — | -54.4% |
| Gross Margin | 55.6% | — | 59.6% | — | -4.0pp |
| Net Margin | 8.5% | — | 12.9% | — | -4.4pp |
| EPS (Diluted) | $0.77 | — | $1.24 | — | -38.4% |
| Free Cash Flow | -$207M | — | $280M | — | -173.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $832M |
| R&D Expenses | $208M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $492M |
| Other Expenses | -$12M |
| Operating Expenses | $689M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $143M |
| Interest Income | $6M |
| Interest Expense | $7M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $120M |
| EBIT | $162M |
| EBITDA | $261M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $832M |
| R&D Expenses | $208M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $492M |
| Other Expenses | -$12M |
| Operating Expenses | $689M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $143M |
| Interest Income | $6M |
| Interest Expense | $7M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $120M |
| EBIT | $162M |
| EBITDA | $261M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $228M |
| Capital Expenditure | -$435M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$527M |
| Sales/Maturities of Investments | $760M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | -$167M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $219M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | -$207M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $486M |
| Inventory | $303M |
| Other Current Assets | $159M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $607M |
| Goodwill | $40M |
| Intangible Assets | $477M |
| Long-Term Investments | $73M |
| Tax Assets | $59M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $464M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $903M |
| Long-Term Debt | $52M |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $78M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $83M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $522M |
| Net Debt | $330M |