| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.2B | 13.2% | 27.2% |
| Op. Income | $570M | $471M | $346M | 21.2% | 64.8% |
| Gross Margin | 36.7% | 35.2% | 30.8% | 1.5pp | 6.0pp |
| Net Margin | 19.8% | 12.3% | 14.9% | 7.6pp | 5.0pp |
| EPS (Diluted) | $0.41 | $0.22 | $0.24 | 86.4% | 70.8% |
| Free Cash Flow | $245M | $9M | -$159M | 2529.0% | 253.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $582M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | -$10M |
| Operating Expenses | $11M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $570M |
| Interest Income | $900.0K |
| Interest Expense | $91M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $485M |
| Income Tax Expense | $176M |
| Net Income from Continuing Ops | $309M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $6M |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $153M |
| EBIT | $576M |
| EBITDA | $730M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $582M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | -$10M |
| Operating Expenses | $11M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $570M |
| Interest Income | $900.0K |
| Interest Expense | $91M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $485M |
| Income Tax Expense | $176M |
| Net Income from Continuing Ops | $309M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $6M |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $153M |
| EBIT | $576M |
| EBITDA | $730M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $315M |
| Depreciation & Amortization | $153M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $490M |
| Capital Expenditure | -$246M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$247M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $245M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $699M |
| Short-Term Investments | $53M |
| Net Receivables | $770M |
| Inventory | $980M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $8.8B |
| Goodwill | $0 |
| Intangible Assets | $770M |
| Long-Term Investments | $90M |
| Tax Assets | $772M |
| Other Non-Current Assets | $976M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $506M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $990M |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $195M |
| Other Non-Current Liabilities | $260M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $5.7B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $39M |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $6.0B |
| Net Debt | $5.3B |
