| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $573M | $753M | $664M | -23.9% | -13.7% |
| Op. Income | $176M | $212M | $187M | -16.8% | -5.4% |
| Gross Margin | 68.7% | 57.1% | 60.8% | 11.6pp | 7.9pp |
| Net Margin | 26.0% | 23.7% | 24.3% | 2.4pp | 1.7pp |
| EPS (Diluted) | $0.29 | $0.35 | $0.31 | -17.8% | -8.5% |
| Free Cash Flow | $176M | $322M | -$154M | -45.4% | 213.9% |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $201M |
| SG&A Expenses | $201M |
| Other Expenses | $16M |
| Operating Expenses | $218M |
| Cost & Expenses | $397M |
| OPERATING INCOME | $176M |
| Interest Income | $439M |
| Interest Expense | $123M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $10M |
| EBIT | $176M |
| EBITDA | $186M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $201M |
| SG&A Expenses | $201M |
| Other Expenses | $16M |
| Operating Expenses | $218M |
| Cost & Expenses | $397M |
| OPERATING INCOME | $176M |
| Interest Income | $439M |
| Interest Expense | $123M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $10M |
| EBIT | $176M |
| EBITDA | $186M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$83.6K |
| Other Non-Cash Items | $74M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $190M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$421M |
| NET CASH FROM INVESTING | -$429M |
| Net Debt Issuance | -$212M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $96M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $176M |
| Net Change in Cash | -$364M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $1.5B |
| Net Receivables | $139M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $358M |
| Goodwill | $0 |
| Intangible Assets | $38M |
| Long-Term Investments | $29.7B |
| Tax Assets | $331M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $31.9B |
| TOTAL ASSETS | $35.6B |
| Account Payables | $176M |
| Short-Term Debt | $214M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.7B |
| TOTAL CURRENT LIABILITIES | $21.1B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $11.2B |
| TOTAL LIABILITIES | $32.2B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $501M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $35.6B |
| Total Debt | $8.7B |
| Net Debt | $6.6B |
