| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | — | 1.2% | — |
| Op. Income | $411M | $377M | — | 8.9% | — |
| Gross Margin | 91.3% | 97.0% | — | -5.6pp | — |
| Net Margin | 8.9% | 8.5% | — | 0.3pp | — |
| EPS (Diluted) | $1.07 | $1.01 | — | 5.9% | — |
| Free Cash Flow | $336M | $175M | — | 92.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $212M |
| Other Expenses | $7.0B |
| Operating Expenses | $2.4B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $411M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $371M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | -$411M |
| EBIT | $411M |
| EBITDA | -$40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $212M |
| Other Expenses | $7.0B |
| Operating Expenses | $2.4B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $411M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $371M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $248M |
| D&A | -$411M |
| EBIT | $411M |
| EBITDA | -$40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $248M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | $126M |
| OPERATING CASH FLOW | $361M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$700.0K |
| Purchases of Investments | -$865M |
| Sales/Maturities of Investments | $332M |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$96M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $336M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $501M |
| Goodwill | $335M |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58.9B |
| TOTAL NON-CURRENT ASSETS | $61.8B |
| TOTAL ASSETS | $61.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $211M |
| Other Current Liabilities | -$211M |
| TOTAL CURRENT LIABILITIES | $211M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $30M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $8.7B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
