| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $815M | $465M | $147M | 75.5% | 453.4% |
| Op. Income | $555M | $191M | $43M | 191.2% | 1180.9% |
| Gross Margin | 81.3% | 67.0% | 49.7% | 14.3pp | 31.6pp |
| Net Margin | 21.4% | 2.4% | 3.1% | 19.1pp | 18.3pp |
| EPS (Diluted) | $1.86 | $0.28 | $0.10 | 564.3% | 1760.0% |
| Free Cash Flow | $115M | $70M | $28M | 64.0% | 305.4% |
| Item | Amount |
|---|---|
| REVENUE | $815M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $663M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $58M |
| Operating Expenses | $108M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $555M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $469M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $410M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $22M |
| EBIT | $521M |
| EBITDA | $543M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $815M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $663M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $58M |
| Operating Expenses | $108M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $555M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $469M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $410M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $22M |
| EBIT | $521M |
| EBITDA | $543M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $175M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$388M |
| Change in Working Capital | $300M |
| OPERATING CASH FLOW | $119M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $393M |
| NET CASH FROM INVESTING | $389M |
| Net Debt Issuance | -$284M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | -$406M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $637M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $129M |
| Goodwill | $837M |
| Intangible Assets | $104M |
| Long-Term Investments | $4.1B |
| Tax Assets | $123M |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $962M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $931M |
| Retained Earnings | $90M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1000M |
| Minority Interest | $459M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.3B |
| Net Debt | $1.7B |
