| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.3B | $3.7B | 19.5% | 6.2% |
| Op. Income | $231M | $171M | $224M | 35.2% | 3.3% |
| Gross Margin | 16.5% | 17.0% | 16.7% | -0.5pp | -0.2pp |
| Net Margin | 3.6% | 1.8% | 3.2% | 1.8pp | 0.4pp |
| EPS (Diluted) | $0.89 | $0.35 | $0.70 | 154.3% | 27.1% |
| Free Cash Flow | -$11M | $350M | -$129M | -103.1% | 91.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $641M |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $364M |
| SG&A Expenses | $410M |
| Other Expenses | $0 |
| Operating Expenses | $410M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $231M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $65M |
| EBIT | $231M |
| EBITDA | $297M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $641M |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $364M |
| SG&A Expenses | $410M |
| Other Expenses | $0 |
| Operating Expenses | $410M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $231M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $65M |
| EBIT | $231M |
| EBITDA | $297M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $141M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$189M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$184M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$173M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $514M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $161M |
| Goodwill | $2.5B |
| Intangible Assets | $977M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $19M |
| Deferred Revenue | $181M |
| Other Current Liabilities | $313M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $330M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $849M |
| Minority Interest | $0 |
| TOTAL EQUITY | $849M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
