| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $892M | $805M | $852M | 10.8% | 4.7% |
| Op. Income | $132M | $108M | $121M | 21.8% | 8.7% |
| Gross Margin | 42.5% | 41.7% | 44.4% | 0.8pp | -1.9pp |
| Net Margin | 9.2% | 8.4% | 8.7% | 0.9pp | 0.5pp |
| EPS (Diluted) | $1.90 | $1.53 | $1.69 | 24.2% | 12.4% |
| Free Cash Flow | $88M | $17M | $106M | 431.9% | -17.0% |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $513M |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $247M |
| General & Administrative | $0 |
| SG&A Expenses | $247M |
| Other Expenses | $500.0K |
| Operating Expenses | $247M |
| Cost & Expenses | $760M |
| OPERATING INCOME | $132M |
| Interest Income | $400.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $20M |
| EBIT | $132M |
| EBITDA | $152M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $513M |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $247M |
| General & Administrative | $0 |
| SG&A Expenses | $247M |
| Other Expenses | $500.0K |
| Operating Expenses | $247M |
| Cost & Expenses | $760M |
| OPERATING INCOME | $132M |
| Interest Income | $400.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $20M |
| EBIT | $132M |
| EBITDA | $152M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $200.0K |
| Common Stock Repurchased | -$358M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$363M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | -$274M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $0 |
| Net Receivables | $521M |
| Inventory | $342M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $284M |
| Goodwill | $888M |
| Intangible Assets | $448M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $360M |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $544M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $107M |
| Other Non-Current Liabilities | $188M |
| TOTAL NON-CURRENT LIABILITIES | $651M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $875M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | -$140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $357M |
| Net Debt | $167M |
