| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $992M | $978M | $966M | 1.5% | 2.7% |
| Op. Income | $132M | $122M | $134M | 7.9% | -1.5% |
| Gross Margin | 34.8% | 34.2% | 35.6% | 0.6pp | -0.8pp |
| Net Margin | 10.3% | 12.0% | 11.7% | -1.7pp | -1.4pp |
| EPS (Diluted) | $0.70 | $0.80 | $0.76 | -12.5% | -7.9% |
| Free Cash Flow | $3M | $113M | $79M | -97.0% | -95.7% |
| Item | Amount |
|---|---|
| REVENUE | $992M |
| Cost of Revenue | $647M |
| GROSS PROFIT | $346M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $29M |
| Operating Expenses | $214M |
| Cost & Expenses | $861M |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $239.0K |
| Other Income/Expenses | -$239.0K |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $5.0K |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $54M |
| EBIT | $132M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $992M |
| Cost of Revenue | $647M |
| GROSS PROFIT | $346M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $29M |
| Operating Expenses | $214M |
| Cost & Expenses | $861M |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $239.0K |
| Other Income/Expenses | -$239.0K |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $5.0K |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $54M |
| EBIT | $132M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | -$299M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$286M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$170M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $471M |
| Short-Term Investments | $196M |
| Net Receivables | $972M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $472M |
| Goodwill | $2.5B |
| Intangible Assets | $322M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $465M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $219M |
| Short-Term Debt | $120M |
| Deferred Revenue | $129M |
| Other Current Liabilities | $579M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $224M |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $582M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $43M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $120M |
| Net Debt | -$351M |
