| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $626M | $552M | — | 13.4% | — |
| Op. Income | $98M | $89M | — | 10.1% | — |
| Gross Margin | 50.3% | 53.3% | — | -2.9pp | — |
| Net Margin | 9.3% | 8.9% | — | 0.4pp | — |
| EPS (Diluted) | $0.44 | $0.37 | — | 18.9% | — |
| Free Cash Flow | $20M | $12M | — | 66.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $626M |
| Cost of Revenue | $311M |
| GROSS PROFIT | $315M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $159M |
| SG&A Expenses | $159M |
| Other Expenses | $0 |
| Operating Expenses | $217M |
| Cost & Expenses | $528M |
| OPERATING INCOME | $98M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $31M |
| EBIT | $94M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $626M |
| Cost of Revenue | $311M |
| GROSS PROFIT | $315M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $159M |
| SG&A Expenses | $159M |
| Other Expenses | $0 |
| Operating Expenses | $217M |
| Cost & Expenses | $528M |
| OPERATING INCOME | $98M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $31M |
| EBIT | $94M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | $76M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $974M |
| Short-Term Investments | $0 |
| Net Receivables | $548M |
| Inventory | $34M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $138M |
| Goodwill | $390M |
| Intangible Assets | $198M |
| Long-Term Investments | $0 |
| Tax Assets | $49M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $792M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $103M |
| Short-Term Debt | $30M |
| Deferred Revenue | $369M |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $719M |
| Long-Term Debt | $538M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $715M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $971M |
| Minority Interest | $0 |
| TOTAL EQUITY | $971M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $568M |
| Net Debt | -$406M |
