| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.8B | $1.6B | 24.3% | 44.4% |
| Op. Income | $76M | $78M | -$108M | -3.2% | 170.4% |
| Gross Margin | 36.6% | 47.5% | 35.1% | -10.9pp | 1.5pp |
| Net Margin | 2.3% | 3.7% | -3.7% | -1.3pp | 6.0pp |
| EPS (Diluted) | $0.76 | $1.09 | $-1.05 | -30.3% | 172.4% |
| Free Cash Flow | $262M | $226M | $354M | 15.5% | -26.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $826M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $750M |
| Operating Expenses | $750M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $36M |
| EBIT | $102M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $826M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $750M |
| Operating Expenses | $750M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $36M |
| EBIT | $102M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $300.0K |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $282M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$390M |
| Net Debt Issuance | $254M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $146M |
| FREE CASH FLOW | $262M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $11.7B |
| Net Receivables | $12.9B |
| Inventory | $0 |
| Other Current Assets | -$25.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $382M |
| Goodwill | $2.3B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $13.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$20.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $43.4B |
| Account Payables | $4.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $38.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $5.8B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $20M |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $43.4B |
| Total Debt | $2.0B |
| Net Debt | $699M |
