| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.2B | 4.1% | -4.6% |
| Op. Income | $205M | $144M | -$20M | 42.5% | 1129.6% |
| Gross Margin | 80.9% | 81.4% | 80.3% | -0.5pp | 0.6pp |
| Net Margin | 12.0% | 7.7% | -1.9% | 4.3pp | 13.9pp |
| EPS (Diluted) | $0.81 | $0.49 | $-0.14 | 65.3% | 678.6% |
| Free Cash Flow | $80M | $151M | $170M | -46.9% | -52.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $219M |
| GROSS PROFIT | $928M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $443M |
| Other Expenses | $280M |
| Operating Expenses | $723M |
| Cost & Expenses | $942M |
| OPERATING INCOME | $205M |
| Interest Income | $4M |
| Interest Expense | $42M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $24M |
| EBIT | $205M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $219M |
| GROSS PROFIT | $928M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $443M |
| Other Expenses | $280M |
| Operating Expenses | $723M |
| Cost & Expenses | $942M |
| OPERATING INCOME | $205M |
| Interest Income | $4M |
| Interest Expense | $42M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $24M |
| EBIT | $205M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$216M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $400.0K |
| NET CASH FROM FINANCING | -$243M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $379M |
| Other Current Assets | $177M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $374M |
| Goodwill | $95M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $90M |
| Short-Term Debt | $100M |
| Deferred Revenue | $77M |
| Other Current Liabilities | $576M |
| TOTAL CURRENT LIABILITIES | $863M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $159M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $443M |
| Retained Earnings | $186M |
| Treasury Stock | -$241M |
| Accum. Other Comp. Income | -$188M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $200M |
| Minority Interest | $0 |
| TOTAL EQUITY | $200M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $2.3B |
| Net Debt | $664M |
