| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $518M | $633M | $382M | -18.2% | 35.6% |
| Op. Income | $102M | $179M | $96M | -43.0% | 6.3% |
| Gross Margin | 29.1% | 31.2% | 27.9% | -2.1pp | 1.2pp |
| Net Margin | 15.7% | 28.2% | 19.3% | -12.5pp | -3.6pp |
| EPS (Diluted) | $0.11 | $0.25 | $0.10 | -54.4% | 11.4% |
| Free Cash Flow | $31M | -$175M | $48M | 117.8% | -35.4% |
| Item | Amount |
|---|---|
| REVENUE | $518M |
| Cost of Revenue | $367M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | -$12M |
| Operating Expenses | $49M |
| Cost & Expenses | $416M |
| OPERATING INCOME | $102M |
| Interest Income | $9M |
| Interest Expense | $112.9K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $0 |
| EBIT | $105M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $518M |
| Cost of Revenue | $367M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | -$12M |
| Operating Expenses | $49M |
| Cost & Expenses | $416M |
| OPERATING INCOME | $102M |
| Interest Income | $9M |
| Interest Expense | $112.9K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $0 |
| EBIT | $105M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$233M |
| NET CASH FROM INVESTING | -$233M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$118M |
| NET CASH FROM FINANCING | -$118M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$333M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $810M |
| Net Receivables | $40M |
| Inventory | $4M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.0B |
| Goodwill | $619M |
| Intangible Assets | $277M |
| Long-Term Investments | $88M |
| Tax Assets | $35M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $323M |
| TOTAL CURRENT LIABILITIES | $568M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $602M |
| Common Stock | $68.8K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$168M |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $978.5K |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $0 |
| Net Debt | -$495M |
