| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 3.1% | 7.2% |
| Op. Income | $276M | $338M | $186M | -18.6% | 47.9% |
| Gross Margin | 24.1% | 29.1% | 19.2% | -4.9pp | 4.9pp |
| Net Margin | 16.1% | 19.6% | 10.9% | -3.6pp | 5.1pp |
| EPS (Diluted) | $5.95 | $7.07 | $3.67 | -15.8% | 62.1% |
| Free Cash Flow | $253M | $382M | $308M | -33.9% | -18.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $369M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $87M |
| Operating Expenses | $94M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $246M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $246M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243M |
| D&A | $0 |
| EBIT | $284M |
| EBITDA | $284M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $369M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $87M |
| Operating Expenses | $94M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $276M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $246M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $246M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243M |
| D&A | $0 |
| EBIT | $284M |
| EBITDA | $284M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $246M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $253M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $782.0K |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$890.0K |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $253M |
| Net Change in Cash | $965.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $469M |
| Short-Term Investments | $16.4B |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | -$20.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$16.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $22.5B |
| Account Payables | $262M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$352M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $633M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$633M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $691.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.9B |
| Treasury Stock | -$3.3B |
| Accum. Other Comp. Income | -$152M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $633M |
| Net Debt | $164M |
