| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.4B | -9.0% | 1.1% |
| Op. Income | $128M | $276M | $166M | -53.6% | -22.9% |
| Gross Margin | 38.4% | 44.0% | 40.1% | -5.6pp | -1.7pp |
| Net Margin | 7.2% | 13.2% | 9.0% | -6.0pp | -1.8pp |
| EPS (Diluted) | $0.60 | $1.21 | $0.74 | -50.4% | -18.9% |
| Free Cash Flow | $302M | $134M | $230M | 125.4% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $854M |
| GROSS PROFIT | $532M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $404M |
| Operating Expenses | $404M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $28M |
| NET INCOME | $100M |
| D&A | $13M |
| EBIT | $141M |
| EBITDA | $154M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $854M |
| GROSS PROFIT | $532M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $404M |
| Operating Expenses | $404M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $128M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $28M |
| NET INCOME | $100M |
| D&A | $13M |
| EBIT | $141M |
| EBITDA | $154M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $171M |
| OPERATING CASH FLOW | $309M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$439M |
| Sales/Maturities of Investments | $363M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | -$81M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $302M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $606M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | -$13.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $184M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.3B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | -$16.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $21.2B |
| Account Payables | $0 |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$17M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $826M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | -$1.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $5.2B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $21.2B |
| Total Debt | $843M |
| Net Debt | $237M |
