| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | $706M | $759M | 7.6% | 0.1% |
| Op. Income | $220M | $221M | $205M | -0.6% | 7.3% |
| Gross Margin | 57.4% | 59.7% | 58.0% | -2.3pp | -0.6pp |
| Net Margin | 22.9% | 24.1% | 22.3% | -1.2pp | 0.6pp |
| EPS (Diluted) | $0.36 | $0.36 | $0.36 | 1.2% | 1.2% |
| Free Cash Flow | $197M | $162M | -$253M | 21.9% | 177.9% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $172M |
| SG&A Expenses | $182M |
| Other Expenses | $34M |
| Operating Expenses | $216M |
| Cost & Expenses | $539M |
| OPERATING INCOME | $220M |
| Interest Income | $631M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $22M |
| EBIT | $220M |
| EBITDA | $241M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $172M |
| SG&A Expenses | $182M |
| Other Expenses | $34M |
| Operating Expenses | $216M |
| Cost & Expenses | $539M |
| OPERATING INCOME | $220M |
| Interest Income | $631M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $22M |
| EBIT | $220M |
| EBITDA | $241M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $175M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $505M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $557M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $29.3K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$477M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$619M |
| FREE CASH FLOW | $197M |
| Net Change in Cash | -$314M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $3.3B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.0B |
| PP&E (Net) | $259M |
| Goodwill | $0 |
| Intangible Assets | $69M |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $42.3B |
| Account Payables | $380M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$294M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $10.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $38.9B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $241M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $49M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $42.3B |
| Total Debt | $10.8B |
| Net Debt | $7.9B |
