| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $837M | 3.6% | 39.9% |
| Op. Income | $351M | $267M | $229M | 31.5% | 53.4% |
| Gross Margin | 89.2% | 86.0% | 89.9% | 3.2pp | -0.7pp |
| Net Margin | 23.2% | 18.4% | 20.9% | 4.8pp | 2.3pp |
| EPS (Diluted) | $0.23 | $0.17 | $0.19 | 35.3% | 21.1% |
| Free Cash Flow | $105M | $341M | $87M | -69.2% | 20.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $126M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $412M |
| SG&A Expenses | $431M |
| Other Expenses | $263M |
| Operating Expenses | $694M |
| Cost & Expenses | $820M |
| OPERATING INCOME | $351M |
| Interest Income | $846M |
| Interest Expense | $101M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $351M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $253M |
| D&A | $0 |
| EBIT | $351M |
| EBITDA | $351M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $126M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $412M |
| SG&A Expenses | $431M |
| Other Expenses | $263M |
| Operating Expenses | $694M |
| Cost & Expenses | $820M |
| OPERATING INCOME | $351M |
| Interest Income | $846M |
| Interest Expense | $101M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $351M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $253M |
| D&A | $0 |
| EBIT | $351M |
| EBITDA | $351M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $272M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$220M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$873M |
| NET CASH FROM INVESTING | -$844M |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$87M |
| Other Financing Activities | -$1.5B |
| NET CASH FROM FINANCING | $886M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $740M |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $855M |
| Goodwill | $2.0B |
| Intangible Assets | $599M |
| Long-Term Investments | $91.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $97.1B |
| TOTAL ASSETS | $101.4B |
| Account Payables | $0 |
| Short-Term Debt | $4.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75.9B |
| TOTAL CURRENT LIABILITIES | $82.2B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $90.8B |
| Common Stock | $11M |
| Additional Paid-In Capital | $9.9B |
| Retained Earnings | $34M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | -$350M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $101.4B |
| Total Debt | $13.1B |
| Net Debt | $11.5B |
