| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.8B | $9.5B | $7.5B | -17.8% | 3.2% |
| Op. Income | $842M | $1.1B | $835M | -23.7% | 0.9% |
| Gross Margin | 29.0% | 28.3% | 28.8% | 0.6pp | 0.2pp |
| Net Margin | 6.9% | 7.2% | 6.7% | -0.3pp | 0.1pp |
| EPS (Diluted) | $0.41 | $0.52 | $0.38 | -21.2% | 7.9% |
| Free Cash Flow | $190M | $1.3B | $179M | -84.9% | 6.1% |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $842M |
| Interest Income | $6M |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $833M |
| Income Tax Expense | $296M |
| Net Income from Continuing Ops | $536M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $536M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $536M |
| D&A | $172M |
| EBIT | $849M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $842M |
| Interest Income | $6M |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $833M |
| Income Tax Expense | $296M |
| Net Income from Continuing Ops | $536M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $536M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $536M |
| D&A | $172M |
| EBIT | $849M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $536M |
| Depreciation & Amortization | $173M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $940.0K |
| Change in Working Capital | -$294M |
| OPERATING CASH FLOW | $448M |
| Capital Expenditure | -$259M |
| Acquisitions (Net) | $259M |
| Purchases of Investments | -$233M |
| Sales/Maturities of Investments | $290M |
| Other Investing Activities | -$259M |
| NET CASH FROM INVESTING | -$202M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$350M |
| Common Dividends Paid | -$169M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$484M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | -$260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $457M |
| Net Receivables | $334M |
| Inventory | $3.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $4.6B |
| Goodwill | $196M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $412M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $2.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $305M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $643M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$695M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $2.2B |
| Net Debt | -$441M |
