| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | $436M | $458M | 6.4% | 1.2% |
| Op. Income | $181M | $164M | $201M | 10.1% | -10.2% |
| Gross Margin | 77.4% | 77.0% | 79.3% | 0.3pp | -1.9pp |
| Net Margin | 24.8% | 23.8% | 27.6% | 1.0pp | -2.7pp |
| EPS (Diluted) | $0.65 | $0.64 | $0.78 | 1.6% | -16.7% |
| Free Cash Flow | $157M | $356M | -$74M | -55.8% | 312.3% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $155M |
| SG&A Expenses | $155M |
| Other Expenses | $23M |
| Operating Expenses | $178M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $181M |
| Interest Income | $399M |
| Interest Expense | $111M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $8M |
| EBIT | $181M |
| EBITDA | $189M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $155M |
| SG&A Expenses | $155M |
| Other Expenses | $23M |
| Operating Expenses | $178M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $181M |
| Interest Income | $399M |
| Interest Expense | $111M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $8M |
| EBIT | $181M |
| EBITDA | $189M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $474M |
| Change in Working Capital | -$444M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $641M |
| Other Investing Activities | $122M |
| NET CASH FROM INVESTING | $754M |
| Net Debt Issuance | -$850M |
| Common Stock Repurchased | -$502.0K |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $167M |
| NET CASH FROM FINANCING | -$775M |
| FREE CASH FLOW | $157M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.3B |
| Net Receivables | $733M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $380M |
| Goodwill | $2.4B |
| Intangible Assets | $24.0K |
| Long-Term Investments | $38.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $44.2B |
| TOTAL ASSETS | $48.3B |
| Account Payables | $0 |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.9B |
| TOTAL CURRENT LIABILITIES | $29.3B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $356M |
| TOTAL NON-CURRENT LIABILITIES | $12.3B |
| TOTAL LIABILITIES | $41.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $173M |
| Treasury Stock | -$502.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $48.3B |
| Total Debt | $12.4B |
| Net Debt | $11.2B |
