| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $835M | $752M | — | 11.1% | — |
| Op. Income | $292M | $239M | — | 22.3% | — |
| Gross Margin | 50.8% | 50.3% | — | 0.5pp | — |
| Net Margin | 29.5% | 24.6% | — | 4.9pp | — |
| EPS (Diluted) | $1.31 | $0.97 | — | 35.1% | — |
| Free Cash Flow | $434M | $84M | — | 418.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $424M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $6M |
| Operating Expenses | $133M |
| Cost & Expenses | $544M |
| OPERATING INCOME | $292M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$800.0K |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $247M |
| D&A | $61M |
| EBIT | $292M |
| EBITDA | $353M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $424M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $6M |
| Operating Expenses | $133M |
| Cost & Expenses | $544M |
| OPERATING INCOME | $292M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$800.0K |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $247M |
| D&A | $61M |
| EBIT | $292M |
| EBITDA | $353M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $247M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $121M |
| OPERATING CASH FLOW | $455M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$600.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$199M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$323M |
| FREE CASH FLOW | $434M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $417M |
| Inventory | $424M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $806M |
| Goodwill | $873M |
| Intangible Assets | $67M |
| Long-Term Investments | $0 |
| Tax Assets | $54M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $110M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $104M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $46M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $0 |
| Net Debt | -$1.1B |
