| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $871M | $877M | — | -0.8% | — |
| Op. Income | $196M | $175M | — | 11.8% | — |
| Gross Margin | 45.4% | 46.5% | — | -1.1pp | — |
| Net Margin | 14.2% | 12.7% | — | 1.5pp | — |
| EPS (Diluted) | $0.47 | $0.43 | — | 9.3% | — |
| Free Cash Flow | $188M | $109M | — | 72.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $871M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $396M |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $101M |
| SG&A Expenses | $200M |
| Other Expenses | $0 |
| Operating Expenses | $200M |
| Cost & Expenses | $675M |
| OPERATING INCOME | $196M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $26M |
| EBIT | $199M |
| EBITDA | $225M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $871M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $396M |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $101M |
| SG&A Expenses | $200M |
| Other Expenses | $0 |
| Operating Expenses | $200M |
| Cost & Expenses | $675M |
| OPERATING INCOME | $196M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $26M |
| EBIT | $199M |
| EBITDA | $225M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$151M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | -$167M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $265M |
| Inventory | $286M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $805M |
| PP&E (Net) | $593M |
| Goodwill | $1.4B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $320M |
| Short-Term Debt | $231M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $171M |
| TOTAL CURRENT LIABILITIES | $786M |
| Long-Term Debt | $699M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $508M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $293M |
| Additional Paid-In Capital | $249M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $930M |
| Net Debt | $698M |
