| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $652M | $673M | $760M | -3.1% | -14.2% |
| Op. Income | $77M | $99M | $35M | -22.5% | 119.4% |
| Gross Margin | 32.1% | 34.3% | 100.0% | -2.2pp | -67.9pp |
| Net Margin | 11.6% | 14.3% | 8.5% | -2.7pp | 3.1pp |
| EPS (Diluted) | $1.07 | $1.36 | $0.89 | -21.3% | 20.2% |
| Free Cash Flow | -$28M | -$94M | $168M | 70.4% | -116.6% |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $442M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $13M |
| Operating Expenses | $133M |
| Cost & Expenses | $575M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $16M |
| EBIT | $84M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $442M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $13M |
| Operating Expenses | $133M |
| Cost & Expenses | $575M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $16M |
| EBIT | $84M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$757M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $410M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $355M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $116M |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $85M |
| Goodwill | $26M |
| Intangible Assets | $53M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $317M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$317M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $660M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | -$665M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $2M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $660M |
| Net Debt | -$568M |
