| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $578M | $541M | $484M | 6.8% | 19.3% |
| Op. Income | $233M | $216M | $191M | 7.7% | 21.8% |
| Gross Margin | 80.7% | 80.9% | 80.1% | -0.2pp | 0.6pp |
| Net Margin | 35.1% | 24.2% | 26.8% | 10.9pp | 8.3pp |
| EPS (Diluted) | $2.18 | $1.39 | $1.36 | 56.8% | 60.3% |
| Free Cash Flow | $207M | $116M | $175M | 77.8% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $467M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $92M |
| SG&A Expenses | $137M |
| Other Expenses | $69M |
| Operating Expenses | $234M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $233M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $95M |
| INCOME BEFORE TAX | $328M |
| Income Tax Expense | $125M |
| Net Income from Continuing Ops | $203M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $203M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $203M |
| D&A | $68M |
| EBIT | $357M |
| EBITDA | $426M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $467M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $92M |
| SG&A Expenses | $137M |
| Other Expenses | $69M |
| Operating Expenses | $234M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $233M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $95M |
| INCOME BEFORE TAX | $328M |
| Income Tax Expense | $125M |
| Net Income from Continuing Ops | $203M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $203M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $203M |
| D&A | $68M |
| EBIT | $357M |
| EBITDA | $426M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $203M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$112M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $224M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$599M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $317M |
| NET CASH FROM INVESTING | -$299M |
| Net Debt Issuance | $675M |
| Common Stock Repurchased | -$350M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $318M |
| FREE CASH FLOW | $207M |
| Net Change in Cash | $253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $835M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $978M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $168M |
| Goodwill | $4.6B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $34M |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $732M |
| Other Current Liabilities | $117M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $742M |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$945M |
| Accum. Other Comp. Income | -$466M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $4.5B |
| Net Debt | $3.7B |
