| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $968M | $898M | $871M | 7.8% | 11.2% |
| Op. Income | $199M | $123M | $196M | 61.3% | 1.4% |
| Gross Margin | 45.3% | 45.7% | 45.4% | -0.4pp | -0.1pp |
| Net Margin | 13.8% | 8.1% | 14.2% | 5.7pp | -0.5pp |
| EPS (Diluted) | $0.52 | $0.29 | $0.47 | 79.3% | 10.6% |
| Free Cash Flow | $164M | $110M | $188M | 49.1% | -12.7% |
| Item | Amount |
|---|---|
| REVENUE | $968M |
| Cost of Revenue | $529M |
| GROSS PROFIT | $439M |
| R&D Expenses | $0 |
| Selling & Marketing | $112M |
| General & Administrative | $128M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $240M |
| Cost & Expenses | $769M |
| OPERATING INCOME | $199M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $32M |
| EBIT | $203M |
| EBITDA | $236M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $968M |
| Cost of Revenue | $529M |
| GROSS PROFIT | $439M |
| R&D Expenses | $0 |
| Selling & Marketing | $112M |
| General & Administrative | $128M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $240M |
| Cost & Expenses | $769M |
| OPERATING INCOME | $199M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $32M |
| EBIT | $203M |
| EBITDA | $236M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $600.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$1.0B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $909M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $855M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $0 |
| Net Receivables | $378M |
| Inventory | $336M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $602M |
| Goodwill | $2.1B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $390M |
| Short-Term Debt | $317M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $188M |
| TOTAL CURRENT LIABILITIES | $953M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $753M |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $293M |
| Additional Paid-In Capital | $261M |
| Retained Earnings | $3.1B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
