| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $1.3B | 22.7% | 6.4% |
| Op. Income | $123M | $83M | -$33M | 48.2% | 473.8% |
| Gross Margin | 22.0% | 20.1% | 11.6% | 1.9pp | 10.3pp |
| Net Margin | 3.9% | 1.0% | -1.1% | 2.8pp | 4.9pp |
| EPS (Diluted) | $1.20 | $0.26 | $0.00 | 361.5% | Infinity% |
| Free Cash Flow | $165M | $280M | $176M | -41.3% | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $170M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $123M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | -$16M |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $7M |
| EBIT | $135M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $170M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $123M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | -$16M |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $7M |
| EBIT | $135M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$432M |
| Sales/Maturities of Investments | $432M |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $376M |
| Short-Term Investments | $5.7B |
| Net Receivables | $2.7B |
| Inventory | $0 |
| Other Current Assets | -$8.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $193M |
| Intangible Assets | $0 |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $15.5B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $345M |
| Long-Term Debt | $787M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.7B |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$943M |
| Accum. Other Comp. Income | $108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $787M |
| Net Debt | $411M |
