| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $997M | 2.7% | 20.7% |
| Op. Income | $365M | $351M | $152M | 4.0% | 140.5% |
| Gross Margin | 86.9% | 89.2% | 86.7% | -2.4pp | 0.2pp |
| Net Margin | 22.8% | 23.2% | 12.7% | -0.4pp | 10.1pp |
| EPS (Diluted) | $0.23 | $0.23 | $0.11 | 0.0% | 109.1% |
| Free Cash Flow | $515M | $105M | $355M | 390.5% | 44.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $158M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $396M |
| SG&A Expenses | $413M |
| Other Expenses | $267M |
| Operating Expenses | $680M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $365M |
| Interest Income | $873M |
| Interest Expense | $115M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $365M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $275M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $275M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $256M |
| D&A | $96M |
| EBIT | $365M |
| EBITDA | $461M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $158M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $396M |
| SG&A Expenses | $413M |
| Other Expenses | $267M |
| Operating Expenses | $680M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $365M |
| Interest Income | $873M |
| Interest Expense | $115M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $365M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $275M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $275M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $256M |
| D&A | $96M |
| EBIT | $365M |
| EBITDA | $461M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $274M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $547M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$569M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$88M |
| Other Financing Activities | $2.4B |
| NET CASH FROM FINANCING | $253M |
| FREE CASH FLOW | $515M |
| Net Change in Cash | -$321M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $777M |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $853M |
| Goodwill | $2.0B |
| Intangible Assets | $590M |
| Long-Term Investments | $91.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $97.9B |
| TOTAL ASSETS | $102.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $78.4B |
| TOTAL CURRENT LIABILITIES | $82.1B |
| Long-Term Debt | $9.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $91.3B |
| Common Stock | $11M |
| Additional Paid-In Capital | $9.8B |
| Retained Earnings | $201M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$370M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $102.0B |
| Total Debt | $11.0B |
| Net Debt | $9.8B |
