| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $985M | $914M | 6.8% | 15.0% |
| Op. Income | $384M | $346M | $322M | 10.9% | 19.1% |
| Gross Margin | 51.0% | 50.7% | 50.7% | 0.4pp | 0.3pp |
| Net Margin | 6.7% | 28.6% | 28.2% | -21.9pp | -21.5pp |
| EPS (Diluted) | $0.38 | $1.51 | $1.38 | -74.8% | -72.5% |
| Free Cash Flow | $327M | $328M | $446M | -0.4% | -26.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $515M |
| GROSS PROFIT | $537M |
| R&D Expenses | $98M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $4M |
| Operating Expenses | $153M |
| Cost & Expenses | $668M |
| OPERATING INCOME | $384M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $386M |
| Income Tax Expense | $315M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $69M |
| EBIT | $384M |
| EBITDA | $453M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $515M |
| GROSS PROFIT | $537M |
| R&D Expenses | $98M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $4M |
| Operating Expenses | $153M |
| Cost & Expenses | $668M |
| OPERATING INCOME | $384M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $386M |
| Income Tax Expense | $315M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $69M |
| EBIT | $384M |
| EBITDA | $453M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $174M |
| OPERATING CASH FLOW | $361M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$217M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$262M |
| FREE CASH FLOW | $327M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $459M |
| Inventory | $459M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $869M |
| Goodwill | $883M |
| Intangible Assets | $68M |
| Long-Term Investments | $0 |
| Tax Assets | $45M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $162M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $332M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $372M |
| TOTAL LIABILITIES | $694M |
| Common Stock | $46M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $0 |
| Net Debt | -$1.7B |
