| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $541M | $520M | $418M | 4.0% | 29.5% |
| Op. Income | $216M | $195M | $171M | 10.8% | 26.2% |
| Gross Margin | 80.9% | 80.4% | 80.7% | 0.5pp | 0.2pp |
| Net Margin | 24.2% | 23.8% | 27.8% | 0.4pp | -3.6pp |
| EPS (Diluted) | $1.39 | $1.31 | $1.22 | 6.1% | 13.9% |
| Free Cash Flow | $116M | $59M | $76M | 98.4% | 52.4% |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $438M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $88M |
| SG&A Expenses | $127M |
| Other Expenses | $65M |
| Operating Expenses | $222M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $216M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $63M |
| EBIT | $214M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $438M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $88M |
| SG&A Expenses | $127M |
| Other Expenses | $65M |
| Operating Expenses | $222M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $216M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $63M |
| EBIT | $214M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $565M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $942M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $154M |
| Goodwill | $4.2B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $41M |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $689M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $637M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$595M |
| Accum. Other Comp. Income | -$610M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $3.8B |
| Net Debt | $3.3B |
