| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.3B | $2.5B | 8.2% | 44.7% |
| Op. Income | $940M | $807M | $425M | 16.5% | 121.2% |
| Gross Margin | 45.1% | 44.1% | 41.0% | 1.0pp | 4.1pp |
| Net Margin | 23.2% | 21.4% | 13.1% | 1.8pp | 10.2pp |
| EPS (Diluted) | $0.76 | $0.65 | $0.29 | 16.9% | 162.1% |
| Free Cash Flow | $821M | $582M | $434M | 41.1% | 89.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $437M |
| Selling & Marketing | $116M |
| General & Administrative | $107M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $660M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $940M |
| Interest Income | $12M |
| Interest Expense | $44M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $908M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $824M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $824M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $824M |
| D&A | $103M |
| EBIT | $952M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $437M |
| Selling & Marketing | $116M |
| General & Administrative | $107M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $660M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $940M |
| Interest Income | $12M |
| Interest Expense | $44M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $908M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $824M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $824M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $824M |
| D&A | $103M |
| EBIT | $952M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $824M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $898M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $601M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | -$282M |
| Common Dividends Paid | -$108M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | $821M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.9B |
| Short-Term Investments | $1.8B |
| Net Receivables | $2.4B |
| Inventory | $2.6B |
| Other Current Assets | $284M |
| TOTAL CURRENT ASSETS | $12.0B |
| PP&E (Net) | $969M |
| Goodwill | $3.3B |
| Intangible Assets | $490M |
| Long-Term Investments | $961M |
| Tax Assets | $0 |
| Other Non-Current Assets | $472M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $929M |
| Short-Term Debt | $200M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $977M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $625M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $11M |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$15.2B |
| Accum. Other Comp. Income | -$110M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $5.5B |
| Net Debt | $558M |
