| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $967M | $966M | $930M | 0.1% | 3.9% |
| Op. Income | $130M | $134M | $125M | -2.9% | 4.0% |
| Gross Margin | 35.0% | 35.6% | 35.4% | -0.7pp | -0.4pp |
| Net Margin | 12.3% | 11.7% | 11.3% | 0.7pp | 1.0pp |
| EPS (Diluted) | $0.81 | $0.76 | $0.70 | 6.6% | 15.7% |
| Free Cash Flow | $133M | $79M | $117M | 68.1% | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $967M |
| Cost of Revenue | $629M |
| GROSS PROFIT | $338M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $27M |
| Operating Expenses | $208M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $7.0K |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $54M |
| EBIT | $130M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $967M |
| Cost of Revenue | $629M |
| GROSS PROFIT | $338M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $27M |
| Operating Expenses | $208M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $7.0K |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $54M |
| EBIT | $130M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$914.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $29M |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $787.0K |
| NET CASH FROM FINANCING | -$308M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | -$186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $637M |
| Short-Term Investments | $327M |
| Net Receivables | $893M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $337M |
| Goodwill | $2.2B |
| Intangible Assets | $198M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $176M |
| Short-Term Debt | $0 |
| Deferred Revenue | $124M |
| Other Current Liabilities | $563M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $231M |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $535M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.4B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | $35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $0 |
| Net Debt | -$637M |
