| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 3.9% | 3.4% |
| Op. Income | $228M | $244M | $161M | -6.6% | 41.6% |
| Gross Margin | 103.2% | 102.7% | 102.5% | 0.5pp | 0.7pp |
| Net Margin | 9.1% | 10.0% | 3.5% | -0.9pp | 5.6pp |
| EPS (Diluted) | $1.61 | $1.71 | $0.61 | -5.8% | 163.9% |
| Free Cash Flow | $650M | -$76M | $88M | 955.3% | 638.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | -$51M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | -$228M |
| EBIT | $228M |
| EBITDA | $0 |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | -$51M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | -$228M |
| EBIT | $228M |
| EBITDA | $0 |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $156M |
| Change in Working Capital | $312M |
| OPERATING CASH FLOW | $650M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$800M |
| NET CASH FROM INVESTING | -$800M |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$158M |
| Other Financing Activities | $498M |
| NET CASH FROM FINANCING | $467M |
| FREE CASH FLOW | $650M |
| Net Change in Cash | $317M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $0 |
| Goodwill | $199M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $55.0B |
| TOTAL NON-CURRENT ASSETS | $56.4B |
| TOTAL ASSETS | $58.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $88M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $615M |
| Other Equity | $1.2B |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.4B |
| Net Debt | $153M |
