| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $638M | $611M | $645M | 4.3% | -1.2% |
| Op. Income | $94M | $106M | $66M | -11.1% | 41.6% |
| Gross Margin | 50.5% | 50.7% | 48.2% | -0.1pp | 2.3pp |
| Net Margin | 8.6% | 10.8% | 5.7% | -2.1pp | 2.9pp |
| EPS (Diluted) | $0.95 | $1.14 | $0.61 | -16.7% | 55.7% |
| Free Cash Flow | $105M | $42M | $60M | 150.1% | 73.8% |
| Item | Amount |
|---|---|
| REVENUE | $638M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $322M |
| R&D Expenses | $16M |
| Selling & Marketing | $114M |
| General & Administrative | $98M |
| SG&A Expenses | $212M |
| Other Expenses | $94M |
| Operating Expenses | $322M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $23M |
| EBIT | $83M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $638M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $322M |
| R&D Expenses | $16M |
| Selling & Marketing | $114M |
| General & Administrative | $98M |
| SG&A Expenses | $212M |
| Other Expenses | $94M |
| Operating Expenses | $322M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $23M |
| EBIT | $83M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $600.0K |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $0 |
| Net Receivables | $370M |
| Inventory | $343M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $458M |
| Goodwill | $1.4B |
| Intangible Assets | $1.4B |
| Long-Term Investments | -$255M |
| Tax Assets | $255M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $237M |
| Short-Term Debt | $18M |
| Deferred Revenue | $216M |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $544M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $200M |
| Deferred Tax Liabilities | $255M |
| Other Non-Current Liabilities | $263M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$637M |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
