| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | $726M | $734M | 4.5% | 3.3% |
| Op. Income | $205M | $203M | $155M | 0.9% | 31.9% |
| Gross Margin | 58.0% | 56.7% | 52.3% | 1.3pp | 5.7pp |
| Net Margin | 22.3% | 22.1% | 17.8% | 0.2pp | 4.5pp |
| EPS (Diluted) | $0.36 | $0.34 | $0.28 | 5.3% | 29.0% |
| Free Cash Flow | -$253M | -$475M | $1.4B | 46.7% | -118.6% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $440M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $175M |
| SG&A Expenses | $175M |
| Other Expenses | $60M |
| Operating Expenses | $235M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $205M |
| Interest Income | $620M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $21M |
| EBIT | $205M |
| EBITDA | $226M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $440M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $175M |
| SG&A Expenses | $175M |
| Other Expenses | $60M |
| Operating Expenses | $235M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $205M |
| Interest Income | $620M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $21M |
| EBIT | $205M |
| EBITDA | $226M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $170M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | $597M |
| OPERATING CASH FLOW | -$236M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$372M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$363M |
| FREE CASH FLOW | -$253M |
| Net Change in Cash | -$576M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $2.4B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $276M |
| Goodwill | $0 |
| Intangible Assets | $67M |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $39.2B |
| Account Payables | $358M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$212M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $551.4K |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.1B |
| TOTAL LIABILITIES | $35.9B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $34M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $39.2B |
| Total Debt | $10.1B |
| Net Debt | $7.6B |
