| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | -0.9% | 2.5% |
| Op. Income | $401M | $419M | $366M | -4.4% | 9.5% |
| Gross Margin | 73.8% | 72.7% | 70.1% | 1.1pp | 3.6pp |
| Net Margin | 24.1% | 25.4% | 23.3% | -1.2pp | 0.9pp |
| EPS (Diluted) | $3.55 | $3.76 | $3.33 | -5.8% | 6.3% |
| Free Cash Flow | $534M | $284M | $475M | 88.0% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $307M |
| GROSS PROFIT | $864M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $334M |
| SG&A Expenses | $356M |
| Other Expenses | $108M |
| Operating Expenses | $464M |
| Cost & Expenses | $771M |
| OPERATING INCOME | $401M |
| Interest Income | $810M |
| Interest Expense | $217M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $401M |
| Income Tax Expense | $112M |
| NET INCOME | $283M |
| D&A | $31M |
| EBIT | $401M |
| EBITDA | $431M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $307M |
| GROSS PROFIT | $864M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $334M |
| SG&A Expenses | $356M |
| Other Expenses | $108M |
| Operating Expenses | $464M |
| Cost & Expenses | $771M |
| OPERATING INCOME | $401M |
| Interest Income | $810M |
| Interest Expense | $217M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $401M |
| Income Tax Expense | $112M |
| NET INCOME | $283M |
| D&A | $31M |
| EBIT | $401M |
| EBITDA | $431M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $283M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$952M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $551M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $666M |
| NET CASH FROM INVESTING | $650M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$322M |
| Other Financing Activities | -$878M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $534M |
| Net Change in Cash | $783.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $6.7B |
| Net Receivables | $205M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.1B |
| PP&E (Net) | $452M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $32.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $34.2B |
| TOTAL ASSETS | $48.3B |
| Account Payables | $0 |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.2B |
| TOTAL CURRENT LIABILITIES | $30.3B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $11.6B |
| TOTAL LIABILITIES | $41.9B |
| Common Stock | $381M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $624M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $236M |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $119M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $48.3B |
| Total Debt | $8.9B |
| Net Debt | $1.7B |
