| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $966M | $955M | $926M | 1.2% | 4.3% |
| Op. Income | $134M | $122M | $120M | 10.0% | 11.3% |
| Gross Margin | 35.6% | 35.0% | 35.2% | 0.7pp | 0.5pp |
| Net Margin | 11.7% | 10.2% | 11.6% | 1.4pp | 0.0pp |
| EPS (Diluted) | $0.76 | $0.66 | $0.71 | 15.2% | 7.0% |
| Free Cash Flow | $79M | $126M | $89M | -37.3% | -10.9% |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $622M |
| GROSS PROFIT | $344M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $29M |
| Operating Expenses | $210M |
| Cost & Expenses | $832M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $468.0K |
| Other Income/Expenses | -$468.0K |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $51M |
| EBIT | $134M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $622M |
| GROSS PROFIT | $344M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $29M |
| Operating Expenses | $210M |
| Cost & Expenses | $832M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $468.0K |
| Other Income/Expenses | -$468.0K |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $51M |
| EBIT | $134M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $28M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $41M |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $209M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $823M |
| Short-Term Investments | $327M |
| Net Receivables | $845M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $332M |
| Goodwill | $2.2B |
| Intangible Assets | $225M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $443M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $175M |
| Short-Term Debt | $200M |
| Deferred Revenue | $150M |
| Other Current Liabilities | $549M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $225M |
| Other Non-Current Liabilities | $287M |
| TOTAL NON-CURRENT LIABILITIES | $512M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | $28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $200M |
| Net Debt | -$623M |
