| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 1.0% | 6.8% |
| Op. Income | $439M | $427M | $440M | 2.8% | -0.2% |
| Gross Margin | 76.8% | 77.9% | 80.9% | -1.2pp | -4.1pp |
| Net Margin | 25.8% | 25.5% | 28.0% | 0.3pp | -2.2pp |
| EPS (Diluted) | $0.34 | $0.33 | $0.33 | 3.0% | 3.0% |
| Free Cash Flow | $15M | $328M | $518M | -95.4% | -97.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $335M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $414M |
| SG&A Expenses | $424M |
| Other Expenses | $243M |
| Operating Expenses | $667M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $439M |
| Interest Income | $1.1B |
| Interest Expense | $253M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $439M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $372M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $372M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $354M |
| D&A | $104M |
| EBIT | $439M |
| EBITDA | $543M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $335M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $414M |
| SG&A Expenses | $424M |
| Other Expenses | $243M |
| Operating Expenses | $667M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $439M |
| Interest Income | $1.1B |
| Interest Expense | $253M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $439M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $372M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $372M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $354M |
| D&A | $104M |
| EBIT | $439M |
| EBITDA | $543M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $372M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | $91M |
| Change in Working Capital | -$502M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $55M |
| NET CASH FROM INVESTING | -$184M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$147M |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $291M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $775M |
| Goodwill | $2.0B |
| Intangible Assets | $455M |
| Long-Term Investments | $97.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $106.7B |
| TOTAL ASSETS | $108.7B |
| Account Payables | $0 |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82.4B |
| TOTAL CURRENT LIABILITIES | $84.6B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $12.3B |
| TOTAL LIABILITIES | $96.8B |
| Common Stock | $10M |
| Additional Paid-In Capital | $9.0B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$175M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $108.7B |
| Total Debt | $12.0B |
| Net Debt | $10.3B |
