| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | -0.1% | 3.6% |
| Op. Income | $220M | $227M | $221M | -2.9% | -0.1% |
| Gross Margin | 28.8% | 29.3% | 29.1% | -0.5pp | -0.4pp |
| Net Margin | 16.5% | 17.0% | 14.7% | -0.5pp | 1.8pp |
| EPS (Diluted) | $1.56 | $1.59 | $1.29 | -1.9% | 20.9% |
| Free Cash Flow | $312M | $227M | $341M | 37.3% | -8.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $772M |
| GROSS PROFIT | $312M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $25M |
| Operating Expenses | $91M |
| Cost & Expenses | $863M |
| OPERATING INCOME | $220M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $24.0K |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $0 |
| EBIT | $243M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $772M |
| GROSS PROFIT | $312M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $25M |
| Operating Expenses | $91M |
| Cost & Expenses | $863M |
| OPERATING INCOME | $220M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $24.0K |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $0 |
| EBIT | $243M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $179M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $142M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $321M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$713M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$681M |
| Net Debt Issuance | $485M |
| Common Stock Repurchased | -$92M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | $360M |
| FREE CASH FLOW | $312M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $16.9B |
| Net Receivables | $407M |
| Inventory | $0 |
| Other Current Assets | -$17.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $442M |
| Intangible Assets | $0 |
| Long-Term Investments | $16.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$17.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $23.5B |
| Account Payables | $0 |
| Short-Term Debt | $615M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.0B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $17.9B |
| Common Stock | $124M |
| Additional Paid-In Capital | $527M |
| Retained Earnings | $5.3B |
| Treasury Stock | -$858M |
| Accum. Other Comp. Income | $478M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $23.5B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
