| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $284M | $302M | 6.7% | 0.6% |
| Op. Income | $89M | $73M | $85M | 22.9% | 5.2% |
| Gross Margin | 90.2% | 89.8% | 91.1% | 0.4pp | -0.9pp |
| Net Margin | 18.9% | 16.2% | 18.0% | 2.7pp | 0.9pp |
| EPS (Diluted) | $0.26 | $0.21 | $0.25 | 23.8% | 4.0% |
| Free Cash Flow | $20M | $53M | $245M | -61.4% | -91.7% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $129M |
| SG&A Expenses | $132M |
| Other Expenses | $53M |
| Operating Expenses | $184M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $89M |
| Interest Income | $231M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $14M |
| EBIT | $89M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $129M |
| SG&A Expenses | $132M |
| Other Expenses | $53M |
| Operating Expenses | $184M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $89M |
| Interest Income | $231M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $14M |
| EBIT | $89M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$290M |
| Sales/Maturities of Investments | $170M |
| Other Investing Activities | -$249M |
| NET CASH FROM INVESTING | -$373M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $319M |
| NET CASH FROM FINANCING | $280M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $616M |
| Short-Term Investments | $3.1B |
| Net Receivables | $1.1B |
| Inventory | -$1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $289M |
| Goodwill | $1.8B |
| Intangible Assets | $175M |
| Long-Term Investments | $17.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $618M |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $25.3B |
| Account Payables | $0 |
| Short-Term Debt | $330M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.5B |
| TOTAL CURRENT LIABILITIES | $19.8B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $21.3B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $455M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $25.3B |
| Total Debt | $1.5B |
| Net Debt | $933M |
