| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $805M | $851M | $778M | -5.5% | 3.5% |
| Op. Income | $108M | $127M | $107M | -14.7% | 1.2% |
| Gross Margin | 41.7% | 42.2% | 43.3% | -0.5pp | -1.6pp |
| Net Margin | 8.4% | 9.6% | 8.4% | -1.2pp | -0.1pp |
| EPS (Diluted) | $1.53 | $1.86 | $1.49 | -17.7% | 2.7% |
| Free Cash Flow | $17M | $19M | $48M | -13.5% | -65.2% |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $469M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $0 |
| SG&A Expenses | $228M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $697M |
| OPERATING INCOME | $108M |
| Interest Income | $500.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $19M |
| EBIT | $108M |
| EBITDA | $127M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $469M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $0 |
| SG&A Expenses | $228M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $697M |
| OPERATING INCOME | $108M |
| Interest Income | $500.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $19M |
| EBIT | $108M |
| EBITDA | $127M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $200.0K |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $463M |
| Short-Term Investments | $0 |
| Net Receivables | $501M |
| Inventory | $354M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $278M |
| Goodwill | $893M |
| Intangible Assets | $446M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $366M |
| Short-Term Debt | $300.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $547M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $648M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $868M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$419M |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $356M |
| Net Debt | -$107M |
