| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.2B | $1.4B | 27.3% | 12.4% |
| Op. Income | $264M | -$50M | $128M | 628.0% | 106.3% |
| Gross Margin | 43.3% | 30.2% | 38.4% | 13.1pp | 4.9pp |
| Net Margin | 13.9% | -2.5% | 7.2% | 16.5pp | 6.7pp |
| EPS (Diluted) | $1.32 | $-0.19 | $0.60 | 794.7% | 120.0% |
| Free Cash Flow | $304M | $151M | $302M | 101.3% | 0.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $883M |
| GROSS PROFIT | $675M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $411M |
| Operating Expenses | $411M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $264M |
| Interest Income | $156M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $47M |
| NET INCOME | $217M |
| D&A | $14M |
| EBIT | $277M |
| EBITDA | $291M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $883M |
| GROSS PROFIT | $675M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $411M |
| Operating Expenses | $411M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $264M |
| Interest Income | $156M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $47M |
| NET INCOME | $217M |
| D&A | $14M |
| EBIT | $277M |
| EBITDA | $291M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $217M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$89M |
| Change in Working Capital | $147M |
| OPERATING CASH FLOW | $310M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$512M |
| Sales/Maturities of Investments | $311M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$211M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | -$86M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$182M |
| FREE CASH FLOW | $304M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $521M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | -$13.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $188M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.8B |
| Tax Assets | $650M |
| Other Non-Current Assets | -$17.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $21.8B |
| Account Payables | $0 |
| Short-Term Debt | $61M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$61M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $828M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $650M |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $7.7B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | $55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $889M |
| Net Debt | $368M |
