| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | -1.1% | 1.5% |
| Op. Income | $289M | $305M | $319M | -5.2% | -9.5% |
| Gross Margin | 51.8% | 53.8% | 56.9% | -2.0pp | -5.1pp |
| Net Margin | 31.8% | 32.6% | 15.9% | -0.8pp | 16.0pp |
| EPS (Diluted) | $0.86 | $0.92 | $0.42 | -6.5% | 104.8% |
| Free Cash Flow | $381M | $352M | $371M | 8.5% | 2.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $510M |
| GROSS PROFIT | $548M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $228M |
| Operating Expenses | $259M |
| Cost & Expenses | $770M |
| OPERATING INCOME | $289M |
| Interest Income | $21M |
| Interest Expense | $119M |
| Other Income/Expenses | -$193M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $244M |
| NET INCOME | $337M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $232M |
| EBIT | $237M |
| EBITDA | $469M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $510M |
| GROSS PROFIT | $548M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $228M |
| Operating Expenses | $259M |
| Cost & Expenses | $770M |
| OPERATING INCOME | $289M |
| Interest Income | $21M |
| Interest Expense | $119M |
| Other Income/Expenses | -$193M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $244M |
| NET INCOME | $337M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $232M |
| EBIT | $237M |
| EBITDA | $469M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $338M |
| Depreciation & Amortization | $232M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$177M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$115M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.2B |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | -$933M |
| Common Stock Repurchased | -$288M |
| Common Dividends Paid | -$330M |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $381M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $380M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $24.6B |
| Goodwill | $68M |
| Intangible Assets | $0 |
| Long-Term Investments | $416M |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.2B |
| TOTAL NON-CURRENT ASSETS | $25.7B |
| TOTAL ASSETS | $27.8B |
| Account Payables | $0 |
| Short-Term Debt | $522M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $365M |
| Additional Paid-In Capital | $17.1B |
| Retained Earnings | -$3.3B |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $859M |
| TOTAL EQUITY | $15.5B |
| TOTAL LIABILITIES & EQUITY | $27.8B |
| Total Debt | $11.5B |
| Net Debt | $11.1B |
