| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.5B | $2.6B | 5.3% | 0.8% |
| Op. Income | $347M | $353M | $68M | -1.7% | 410.3% |
| Gross Margin | 43.5% | 42.2% | 37.6% | 1.3pp | 5.9pp |
| Net Margin | 10.2% | 11.0% | 46.9% | -0.8pp | -36.7pp |
| EPS (Diluted) | $0.48 | $0.49 | $2.19 | -2.0% | -78.1% |
| Free Cash Flow | $373M | $66M | $574M | 465.2% | -35.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $155M |
| Selling & Marketing | $630M |
| General & Administrative | $8M |
| SG&A Expenses | $630M |
| Other Expenses | $0 |
| Operating Expenses | $785M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $347M |
| Interest Income | $8M |
| Interest Expense | $21M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $265M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $265M |
| D&A | $184M |
| EBIT | $327M |
| EBITDA | $511M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $155M |
| Selling & Marketing | $630M |
| General & Administrative | $8M |
| SG&A Expenses | $630M |
| Other Expenses | $0 |
| Operating Expenses | $785M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $347M |
| Interest Income | $8M |
| Interest Expense | $21M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $265M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $265M |
| D&A | $184M |
| EBIT | $327M |
| EBITDA | $511M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $264M |
| Depreciation & Amortization | $184M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $73M |
| OPERATING CASH FLOW | $529M |
| Capital Expenditure | -$156M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | $633M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | $85M |
| NET CASH FROM FINANCING | $603M |
| FREE CASH FLOW | $373M |
| Net Change in Cash | $959M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.5B |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $4.3B |
| Goodwill | $2.7B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $17.0B |
| Account Payables | $2.5B |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $683M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $14.5B |
| Treasury Stock | -$7.7B |
| Accum. Other Comp. Income | -$4.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | -$10M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $17.0B |
| Total Debt | $3.5B |
| Net Debt | -$360M |
