| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $465M | $445M | $446M | 4.5% | 4.3% |
| Op. Income | $122M | $104M | $121M | 17.1% | 0.5% |
| Gross Margin | 47.4% | 44.7% | 48.1% | 2.7pp | -0.8pp |
| Net Margin | 14.2% | 15.8% | 14.9% | -1.5pp | -0.6pp |
| EPS (Diluted) | $0.23 | $0.25 | $0.23 | -8.0% | 0.0% |
| Free Cash Flow | $174M | $87M | $201M | 100.3% | -13.2% |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $220M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $98M |
| Operating Expenses | $98M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $27M |
| EBIT | $119M |
| EBITDA | $146M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $220M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $98M |
| Operating Expenses | $98M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $27M |
| EBIT | $119M |
| EBITDA | $146M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | $180M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $30M |
| Net Receivables | $522M |
| Inventory | $0 |
| Other Current Assets | $329M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $73M |
| Goodwill | $2.7B |
| Intangible Assets | $672M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $810M |
| Short-Term Debt | $20M |
| Deferred Revenue | $390M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $965M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $373M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $15M |
| Additional Paid-In Capital | $479M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$269M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $985M |
| Net Debt | $385M |
