| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $737M | $759M | — | -2.9% | — |
| Op. Income | $191M | $220M | — | -13.2% | — |
| Gross Margin | 54.8% | 57.4% | — | -2.6pp | — |
| Net Margin | 19.8% | 22.9% | — | -3.1pp | — |
| EPS (Diluted) | $0.31 | $0.36 | — | -16.0% | — |
| Free Cash Flow | $506M | $197M | — | 156.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $404M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $177M |
| SG&A Expenses | $183M |
| Other Expenses | $31M |
| Operating Expenses | $214M |
| Cost & Expenses | $547M |
| OPERATING INCOME | $191M |
| Interest Income | $639M |
| Interest Expense | $238M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $22M |
| EBIT | $191M |
| EBITDA | $212M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $404M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $177M |
| SG&A Expenses | $183M |
| Other Expenses | $31M |
| Operating Expenses | $214M |
| Cost & Expenses | $547M |
| OPERATING INCOME | $191M |
| Interest Income | $639M |
| Interest Expense | $238M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $191M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $22M |
| EBIT | $191M |
| EBITDA | $212M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $527M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$263M |
| Change in Working Capital | $105M |
| OPERATING CASH FLOW | $538M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $79.9K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $506M |
| Net Change in Cash | $462M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $2.8B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $270M |
| Goodwill | $0 |
| Intangible Assets | $67M |
| Long-Term Investments | $33.8B |
| Tax Assets | $437M |
| Other Non-Current Assets | $561M |
| TOTAL NON-CURRENT ASSETS | $35.1B |
| TOTAL ASSETS | $42.8B |
| Account Payables | $383M |
| Short-Term Debt | $203M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.4B |
| TOTAL CURRENT LIABILITIES | $24.0B |
| Long-Term Debt | $11.2B |
| Deferred Revenue NC | $688.7K |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $15.2B |
| TOTAL LIABILITIES | $39.3B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $343M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $49M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $42.8B |
| Total Debt | $11.4B |
| Net Debt | $8.5B |
