| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | 1.8% | 6.3% |
| Op. Income | $130M | $129M | $49M | 1.1% | 163.5% |
| Gross Margin | 35.5% | 34.6% | 26.2% | 0.9pp | 9.3pp |
| Net Margin | 9.3% | 7.9% | 1.8% | 1.5pp | 7.5pp |
| EPS (Diluted) | $0.59 | $0.48 | $0.11 | 22.9% | 436.4% |
| Free Cash Flow | $155M | $138M | $245M | 12.9% | -36.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $696M |
| GROSS PROFIT | $384M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $254M |
| Operating Expenses | $254M |
| Cost & Expenses | $950M |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $65M |
| EBIT | $160M |
| EBITDA | $225M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $696M |
| GROSS PROFIT | $384M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $254M |
| Operating Expenses | $254M |
| Cost & Expenses | $950M |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $65M |
| EBIT | $160M |
| EBITDA | $225M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $277M |
| NET CASH FROM INVESTING | $391M |
| Net Debt Issuance | -$341M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | -$329M |
| FREE CASH FLOW | $155M |
| Net Change in Cash | $217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $22.1B |
| Net Receivables | $0 |
| Inventory | $660M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $765M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.4B |
| Long-Term Investments | $24.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.4B |
| TOTAL NON-CURRENT ASSETS | $24.5B |
| TOTAL ASSETS | $32.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.1B |
| TOTAL CURRENT LIABILITIES | $24.1B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23.6B |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $27.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $852M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $934M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $32.7B |
| Total Debt | $3.8B |
| Net Debt | $3.7B |
