| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $418M | $405M | — | 3.0% | — |
| Op. Income | $128M | $137M | — | -6.1% | — |
| Gross Margin | 91.2% | 92.6% | — | -1.5pp | — |
| Net Margin | 20.5% | 21.7% | — | -1.2pp | — |
| EPS (Diluted) | $1.31 | $1.35 | — | -3.0% | — |
| Free Cash Flow | -$470M | $354M | — | -232.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $381M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $158M |
| SG&A Expenses | $165M |
| Other Expenses | $88M |
| Operating Expenses | $252M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $128M |
| Interest Income | $255M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $13M |
| EBIT | $128M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $381M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $158M |
| SG&A Expenses | $165M |
| Other Expenses | $88M |
| Operating Expenses | $252M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $128M |
| Interest Income | $255M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $13M |
| EBIT | $128M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$533M |
| OPERATING CASH FLOW | -$406M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$759M |
| Sales/Maturities of Investments | $648M |
| Other Investing Activities | -$223M |
| NET CASH FROM INVESTING | -$334M |
| Net Debt Issuance | $893M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$294M |
| NET CASH FROM FINANCING | $573M |
| FREE CASH FLOW | -$470M |
| Net Change in Cash | -$166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $8.4B |
| Net Receivables | $544M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.4B |
| PP&E (Net) | $320M |
| Goodwill | $447M |
| Intangible Assets | $285M |
| Long-Term Investments | $18.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $33.0B |
| Account Payables | $152M |
| Short-Term Debt | $391M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.8B |
| TOTAL CURRENT LIABILITIES | $22.4B |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $714M |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $29.5B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$545M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $26M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $33.0B |
| Total Debt | $6.8B |
| Net Debt | $4.3B |
