| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $531M | $687M | $498M | -22.8% | 6.6% |
| Op. Income | $144M | $230M | $119M | -37.3% | 21.6% |
| Gross Margin | 58.3% | 60.6% | 57.6% | -2.4pp | 0.7pp |
| Net Margin | 21.1% | -51.4% | 21.2% | 72.5pp | -0.1pp |
| EPS (Diluted) | $1.40 | $-4.44 | $1.31 | 131.5% | 6.9% |
| Free Cash Flow | $160M | $162M | $156M | -1.3% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $309M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | -$13.0K |
| Operating Expenses | $165M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $144M |
| Interest Income | $10M |
| Interest Expense | $14M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $29M |
| EBIT | $154M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $309M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | -$13.0K |
| Operating Expenses | $165M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $144M |
| Interest Income | $10M |
| Interest Expense | $14M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $29M |
| EBIT | $154M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $915M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $896M |
| Net Debt Issuance | -$750M |
| Common Stock Repurchased | -$282M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $160M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $717M |
| Short-Term Investments | $1.8B |
| Net Receivables | $503M |
| Inventory | $300M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $349M |
| Goodwill | $362M |
| Intangible Assets | $232M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $71M |
| Short-Term Debt | $354.0K |
| Deferred Revenue | $215M |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $534M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $593M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $5.5B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.2B |
| Net Debt | $531M |
