| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | 3.3% | -1.6% |
| Op. Income | $403M | $401M | $466M | 0.6% | -13.6% |
| Gross Margin | 71.6% | 73.8% | 73.6% | -2.1pp | -2.0pp |
| Net Margin | 24.1% | 24.1% | 28.6% | 0.0pp | -4.5pp |
| EPS (Diluted) | $3.67 | $3.55 | $4.41 | 3.4% | -16.9% |
| Free Cash Flow | $510M | $534M | $232M | -4.6% | 119.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $343M |
| GROSS PROFIT | $867M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $341M |
| SG&A Expenses | $365M |
| Other Expenses | $100M |
| Operating Expenses | $464M |
| Cost & Expenses | $807M |
| OPERATING INCOME | $403M |
| Interest Income | $833M |
| Interest Expense | $216M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $403M |
| Income Tax Expense | $105M |
| NET INCOME | $292M |
| D&A | $30M |
| EBIT | $403M |
| EBITDA | $433M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $343M |
| GROSS PROFIT | $867M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $341M |
| SG&A Expenses | $365M |
| Other Expenses | $100M |
| Operating Expenses | $464M |
| Cost & Expenses | $807M |
| OPERATING INCOME | $403M |
| Interest Income | $833M |
| Interest Expense | $216M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $403M |
| Income Tax Expense | $105M |
| NET INCOME | $292M |
| D&A | $30M |
| EBIT | $403M |
| EBITDA | $433M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $153M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $519M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $85M |
| NET CASH FROM INVESTING | $76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$628.4K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$979M |
| NET CASH FROM FINANCING | -$982M |
| FREE CASH FLOW | $510M |
| Net Change in Cash | -$387M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $6.8B |
| Net Receivables | $214M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.8B |
| PP&E (Net) | $443M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $34.9B |
| TOTAL ASSETS | $48.7B |
| Account Payables | $0 |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.1B |
| TOTAL CURRENT LIABILITIES | $30.3B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $11.6B |
| TOTAL LIABILITIES | $41.9B |
| Common Stock | $381M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $916M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $260M |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $125M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $48.7B |
| Total Debt | $8.8B |
| Net Debt | $2.0B |
