| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $475M | $465M | $462M | 2.1% | 2.8% |
| Op. Income | $130M | $122M | $130M | 6.3% | -0.0% |
| Gross Margin | 48.2% | 47.4% | 48.5% | 0.8pp | -0.4pp |
| Net Margin | 16.0% | 14.2% | 15.5% | 1.8pp | 0.5pp |
| EPS (Diluted) | $0.27 | $0.23 | $0.25 | 17.4% | 8.0% |
| Free Cash Flow | $39M | $174M | $76M | -77.4% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $99M |
| Operating Expenses | $99M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $27M |
| EBIT | $134M |
| EBITDA | $161M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $99M |
| Operating Expenses | $99M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $27M |
| EBIT | $134M |
| EBITDA | $161M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547M |
| Short-Term Investments | $29M |
| Net Receivables | $2.7B |
| Inventory | $0 |
| Other Current Assets | $322M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $71M |
| Goodwill | $2.7B |
| Intangible Assets | $656M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $717M |
| Short-Term Debt | $120M |
| Deferred Revenue | $430M |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $861M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $382M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $15M |
| Additional Paid-In Capital | $494M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$315M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $981M |
| Net Debt | $434M |
