| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $405M | $384M | $372M | 5.6% | 8.9% |
| Op. Income | $137M | $127M | $97M | 7.7% | 41.1% |
| Gross Margin | 92.6% | 93.4% | 89.3% | -0.8pp | 3.3pp |
| Net Margin | 21.7% | 23.0% | 17.7% | -1.3pp | 4.1pp |
| EPS (Diluted) | $1.35 | $1.35 | $1.00 | 0.0% | 35.0% |
| Free Cash Flow | $354M | -$232M | $178M | 252.7% | 98.3% |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $149M |
| SG&A Expenses | $156M |
| Other Expenses | $83M |
| Operating Expenses | $239M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $137M |
| Interest Income | $235M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $13M |
| EBIT | $137M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $149M |
| SG&A Expenses | $156M |
| Other Expenses | $83M |
| Operating Expenses | $239M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $137M |
| Interest Income | $235M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $13M |
| EBIT | $137M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $323M |
| OPERATING CASH FLOW | $397M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$855M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$219M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$127M |
| Common Stock Repurchased | $167.0K |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$350M |
| NET CASH FROM FINANCING | -$505M |
| FREE CASH FLOW | $354M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $8.3B |
| Net Receivables | $328M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.3B |
| PP&E (Net) | $321M |
| Goodwill | $447M |
| Intangible Assets | $286M |
| Long-Term Investments | $18.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $32.3B |
| Account Payables | $133M |
| Short-Term Debt | $464M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.3B |
| TOTAL CURRENT LIABILITIES | $22.9B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $523M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $28.8B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$545M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $27M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $32.3B |
| Total Debt | $5.8B |
| Net Debt | $3.2B |
