| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $629M | $527M | — | 19.4% | — |
| Op. Income | $208M | $152M | — | 37.3% | — |
| Gross Margin | 60.0% | 58.6% | — | 1.4pp | — |
| Net Margin | 27.7% | 23.7% | — | 4.0pp | — |
| EPS (Diluted) | $2.15 | $1.53 | — | 40.5% | — |
| Free Cash Flow | $150M | $117M | — | 28.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $629M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $377M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $6M |
| Operating Expenses | $169M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $208M |
| Interest Income | $6M |
| Interest Expense | $12M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $24M |
| EBIT | $215M |
| EBITDA | $239M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $629M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $377M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $6M |
| Operating Expenses | $169M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $208M |
| Interest Income | $6M |
| Interest Expense | $12M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $24M |
| EBIT | $215M |
| EBITDA | $239M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $45.0K |
| Purchases of Investments | -$473M |
| Sales/Maturities of Investments | $446M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $506M |
| Short-Term Investments | $2.3B |
| Net Receivables | $489M |
| Inventory | $263M |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $337M |
| Goodwill | $352M |
| Intangible Assets | $207M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $68M |
| Short-Term Debt | $125M |
| Deferred Revenue | $149M |
| Other Current Liabilities | $150M |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | -$216M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |