| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.6B | $1.7B | 12.2% | 7.4% |
| Op. Income | $50M | $228M | $197M | -78.1% | -74.6% |
| Gross Margin | 102.5% | 103.2% | 102.3% | -0.7pp | 0.2pp |
| Net Margin | 0.6% | 9.1% | 6.5% | -8.5pp | -5.9pp |
| EPS (Diluted) | $0.12 | $1.61 | $1.23 | -92.5% | -90.2% |
| Free Cash Flow | $419M | $650M | $250M | -35.5% | 67.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$45M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1.8B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | -$50M |
| EBIT | $50M |
| EBITDA | $0 |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$45M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1.8B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | -$50M |
| EBIT | $50M |
| EBITDA | $0 |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $152M |
| Change in Working Capital | $213M |
| OPERATING CASH FLOW | $419M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$236M |
| NET CASH FROM INVESTING | -$236M |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $111M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $419M |
| Net Change in Cash | $142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $0 |
| Goodwill | $199M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56.5B |
| TOTAL NON-CURRENT ASSETS | $57.8B |
| TOTAL ASSETS | $60.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $689M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $2.2B |
| Net Debt | -$109M |
