| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $297M | $296M | 4.6% | 5.0% |
| Op. Income | $112M | $97M | $101M | 16.1% | 10.7% |
| Gross Margin | 93.1% | 93.0% | 94.1% | 0.1pp | -1.0pp |
| Net Margin | 25.4% | 24.1% | 23.6% | 1.3pp | 1.8pp |
| EPS (Diluted) | $0.51 | $0.46 | $0.45 | 10.9% | 13.3% |
| Free Cash Flow | $60M | $133M | $62M | -54.7% | -2.5% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $112M |
| SG&A Expenses | $117M |
| Other Expenses | $60M |
| Operating Expenses | $177M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $112M |
| Interest Income | $194M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $10M |
| EBIT | $112M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $112M |
| SG&A Expenses | $117M |
| Other Expenses | $60M |
| Operating Expenses | $177M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $112M |
| Interest Income | $194M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $10M |
| EBIT | $112M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$143M |
| Sales/Maturities of Investments | $434M |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | $318M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$368M |
| NET CASH FROM FINANCING | -$397M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $515M |
| Short-Term Investments | $9.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.0B |
| PP&E (Net) | $335M |
| Goodwill | $139M |
| Intangible Assets | $7M |
| Long-Term Investments | $13.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $15.1B |
| TOTAL ASSETS | $25.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.8B |
| TOTAL CURRENT LIABILITIES | $22.1B |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $369M |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $510M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $391M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $25.1B |
| Total Debt | $1.4B |
| Net Debt | $844M |
