| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $2.1B | — | -19.2% | — |
| Op. Income | $236M | $338M | — | -30.2% | — |
| Gross Margin | 55.5% | 57.6% | — | -2.1pp | — |
| Net Margin | 10.1% | 10.6% | — | -0.5pp | — |
| EPS (Diluted) | $2.70 | $3.34 | — | -19.2% | — |
| Free Cash Flow | $12M | -$362M | — | 103.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $744M |
| GROSS PROFIT | $929M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $693M |
| Operating Expenses | $693M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $0 |
| EBIT | $251M |
| EBITDA | $251M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $744M |
| GROSS PROFIT | $929M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $693M |
| Operating Expenses | $693M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $236M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $0 |
| EBIT | $251M |
| EBITDA | $251M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $532M |
| Change in Working Capital | -$664M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$66M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $789M |
| Other Investing Activities | $262M |
| NET CASH FROM INVESTING | -$387M |
| Net Debt Issuance | $100.0K |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$229M |
| NET CASH FROM FINANCING | -$476M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$828M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $10.2B |
| Net Receivables | $9.9B |
| Inventory | $0 |
| Other Current Assets | -$21.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $328M |
| Goodwill | $834M |
| Intangible Assets | $287M |
| Long-Term Investments | $10.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$12.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $29.8B |
| Account Payables | $3.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3.8B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $439M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $25.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$4.1B |
| Accum. Other Comp. Income | $327M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $29.8B |
| Total Debt | $1.2B |
| Net Debt | -$67M |
