| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.5B | $2.4B | 1.5% | 8.8% |
| Op. Income | $330M | $346M | $370M | -4.6% | -10.8% |
| Gross Margin | 34.5% | 35.5% | 32.7% | -1.0pp | 1.8pp |
| Net Margin | 10.5% | 11.5% | 11.5% | -1.0pp | -1.0pp |
| EPS (Diluted) | $0.99 | $1.07 | $1.00 | -7.5% | -1.0% |
| Free Cash Flow | $98M | $180M | $195M | -45.6% | -49.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $888M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $558M |
| Operating Expenses | $558M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $330M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $21M |
| EBIT | $365M |
| EBITDA | $386M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $888M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $558M |
| Operating Expenses | $558M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $330M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $21M |
| EBIT | $365M |
| EBITDA | $386M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $270M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$134M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $14M |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $2.9B |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $347M |
| Goodwill | $147M |
| Intangible Assets | $673M |
| Long-Term Investments | $44.2B |
| Tax Assets | $296M |
| Other Non-Current Assets | $9.2B |
| TOTAL NON-CURRENT ASSETS | $54.2B |
| TOTAL ASSETS | $57.9B |
| Account Payables | $0 |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.5B |
| TOTAL CURRENT LIABILITIES | $43.8B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43.7B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $46.4B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.2B |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$605M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.4B |
| TOTAL LIABILITIES & EQUITY | $57.9B |
| Total Debt | $2.7B |
| Net Debt | $2.4B |
