| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458M | $458M | — | -0.2% | — |
| Op. Income | $197M | $201M | — | -1.9% | — |
| Gross Margin | 78.7% | 79.3% | — | -0.6pp | — |
| Net Margin | 27.4% | 27.6% | — | -0.2pp | — |
| EPS (Diluted) | $0.77 | $0.78 | — | -1.3% | — |
| Free Cash Flow | $99M | -$74M | — | 234.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $136M |
| SG&A Expenses | $136M |
| Other Expenses | $27M |
| Operating Expenses | $163M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $197M |
| Interest Income | $416M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $9M |
| EBIT | $197M |
| EBITDA | $206M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $136M |
| SG&A Expenses | $136M |
| Other Expenses | $27M |
| Operating Expenses | $163M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $197M |
| Interest Income | $416M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $9M |
| EBIT | $197M |
| EBITDA | $206M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$159M |
| Sales/Maturities of Investments | $332M |
| Other Investing Activities | -$441M |
| NET CASH FROM INVESTING | -$278M |
| Net Debt Issuance | $94M |
| Common Stock Repurchased | -$206.0K |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $257M |
| NET CASH FROM FINANCING | $267M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $772M |
| Short-Term Investments | $161M |
| Net Receivables | $737M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $367M |
| Goodwill | $2.4B |
| Intangible Assets | $198M |
| Long-Term Investments | $42.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $47.8B |
| TOTAL ASSETS | $49.5B |
| Account Payables | $0 |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.1B |
| TOTAL CURRENT LIABILITIES | $31.2B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $231M |
| TOTAL NON-CURRENT LIABILITIES | $12.2B |
| TOTAL LIABILITIES | $43.4B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $97M |
| Treasury Stock | -$25.0K |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $49.5B |
| Total Debt | $14.0B |
| Net Debt | $13.2B |
