| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | -2.1% | 6.3% |
| Op. Income | $423M | $397M | $394M | 6.6% | 7.4% |
| Gross Margin | 52.2% | 50.2% | 51.7% | 2.1pp | 0.5pp |
| Net Margin | 21.0% | -2.6% | 16.0% | 23.7pp | 5.0pp |
| EPS (Diluted) | $0.60 | $-0.08 | $0.40 | 828.2% | 50.0% |
| Free Cash Flow | $333M | $461M | $256M | -27.6% | 30.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $657M |
| GROSS PROFIT | $718M |
| R&D Expenses | $31M |
| Selling & Marketing | $107M |
| General & Administrative | $85M |
| SG&A Expenses | $192M |
| Other Expenses | $72M |
| Operating Expenses | $295M |
| Cost & Expenses | $952M |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $90M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $369M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $72M |
| EBIT | $459M |
| EBITDA | $532M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $657M |
| GROSS PROFIT | $718M |
| R&D Expenses | $31M |
| Selling & Marketing | $107M |
| General & Administrative | $85M |
| SG&A Expenses | $192M |
| Other Expenses | $72M |
| Operating Expenses | $295M |
| Cost & Expenses | $952M |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $90M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $369M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $72M |
| EBIT | $459M |
| EBITDA | $532M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $289M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $72M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $415M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$309M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | -$281.0K |
| NET CASH FROM FINANCING | -$320M |
| FREE CASH FLOW | $333M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $245M |
| Inventory | $17M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $501M |
| PP&E (Net) | $1.5B |
| Goodwill | $2.3B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $978M |
| Tax Assets | $431M |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $764M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $166M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$2.9B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.6B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $6.8B |
| Net Debt | $6.7B |
