| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.9B | $4.5B | 0.1% | 9.0% |
| Op. Income | $3.3B | $3.2B | $3.1B | 3.6% | 7.3% |
| Gross Margin | 82.7% | 83.1% | 83.9% | -0.3pp | -1.2pp |
| Net Margin | 51.9% | 44.1% | 46.4% | 7.8pp | 5.5pp |
| EPS (Diluted) | $1.07 | $0.90 | $0.86 | 18.9% | 24.4% |
| Free Cash Flow | $2.6B | $2.6B | $2.3B | 1.9% | 12.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $839M |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $223M |
| General & Administrative | $328M |
| SG&A Expenses | $551M |
| Other Expenses | $145M |
| Operating Expenses | $696M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $154M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $717M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | -$88M |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $145M |
| EBIT | $3.4B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $839M |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $223M |
| General & Administrative | $328M |
| SG&A Expenses | $551M |
| Other Expenses | $145M |
| Operating Expenses | $696M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $154M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $717M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | -$88M |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $145M |
| EBIT | $3.4B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $68M |
| Deferred Income Tax | -$919M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$354M |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | $141M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$141M |
| NET CASH FROM INVESTING | -$707M |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$458M |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | -$3.9B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $3.4B |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $17.3B |
| PP&E (Net) | $2.2B |
| Goodwill | $15.2B |
| Intangible Assets | $28.1B |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $49.9B |
| TOTAL ASSETS | $67.2B |
| Account Payables | $108M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.1B |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.4B |
| TOTAL LIABILITIES | $33.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $16.8B |
| Retained Earnings | $10.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $33.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.4B |
| TOTAL LIABILITIES & EQUITY | $67.2B |
| Total Debt | $16.6B |
| Net Debt | $8.5B |
