| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.4B | 2.3% | 12.4% |
| Op. Income | $462M | $434M | $361M | 6.5% | 28.0% |
| Gross Margin | 84.2% | 83.7% | 84.8% | 0.5pp | -0.6pp |
| Net Margin | 20.2% | 20.8% | 17.3% | -0.6pp | 2.8pp |
| EPS (Diluted) | $0.63 | $0.61 | $0.46 | 3.3% | 37.0% |
| Free Cash Flow | -$410M | $800M | $276M | -151.3% | -248.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $249M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $468M |
| SG&A Expenses | $497M |
| Other Expenses | $367M |
| Operating Expenses | $864M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $462M |
| Interest Income | $1.2B |
| Interest Expense | $179M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $462M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $318M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $318M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $318M |
| D&A | $134M |
| EBIT | $462M |
| EBITDA | $596M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $249M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $468M |
| SG&A Expenses | $497M |
| Other Expenses | $367M |
| Operating Expenses | $864M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $462M |
| Interest Income | $1.2B |
| Interest Expense | $179M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $462M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $318M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $318M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $318M |
| D&A | $134M |
| EBIT | $462M |
| EBITDA | $596M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $318M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$59M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$726M |
| OPERATING CASH FLOW | -$316M |
| Capital Expenditure | -$94M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$937M |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$742M |
| Net Debt Issuance | $603M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | $837M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$410M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $19.3B |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27.7B |
| PP&E (Net) | $600M |
| Goodwill | $6.9B |
| Intangible Assets | $0 |
| Long-Term Investments | $110.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $123.7B |
| TOTAL ASSETS | $151.4B |
| Account Payables | $0 |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $113.6B |
| TOTAL CURRENT LIABILITIES | $116.0B |
| Long-Term Debt | $13.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $740M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $131.3B |
| Common Stock | $6M |
| Additional Paid-In Capital | $18.8B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$593M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.1B |
| TOTAL LIABILITIES & EQUITY | $151.4B |
| Total Debt | $15.6B |
| Net Debt | $11.0B |
