| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $995M | $767M | 6.4% | 38.0% |
| Op. Income | $168M | $90M | $76M | 87.1% | 122.8% |
| Gross Margin | 79.4% | 79.7% | 81.9% | -0.3pp | -2.5pp |
| Net Margin | 20.6% | 7.1% | 8.6% | 13.5pp | 12.0pp |
| EPS (Diluted) | $2.40 | $0.80 | $0.79 | 200.0% | 203.8% |
| Free Cash Flow | $203M | $137M | $59M | 47.9% | 242.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $218M |
| GROSS PROFIT | $841M |
| R&D Expenses | $75M |
| Selling & Marketing | $370M |
| General & Administrative | $188M |
| SG&A Expenses | $558M |
| Other Expenses | $39M |
| Operating Expenses | $673M |
| Cost & Expenses | $891M |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $312M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $39M |
| EBIT | $340M |
| EBITDA | $316M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $218M |
| GROSS PROFIT | $841M |
| R&D Expenses | $75M |
| Selling & Marketing | $370M |
| General & Administrative | $188M |
| SG&A Expenses | $558M |
| Other Expenses | $39M |
| Operating Expenses | $673M |
| Cost & Expenses | $891M |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $312M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $39M |
| EBIT | $340M |
| EBITDA | $316M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$215M |
| Change in Working Capital | $107M |
| OPERATING CASH FLOW | $228M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $56M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$119M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $203M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $120M |
| Net Receivables | $344M |
| Inventory | $0 |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $307M |
| Goodwill | $2.6B |
| Intangible Assets | $636M |
| Long-Term Investments | $217M |
| Tax Assets | $36M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $79M |
| Short-Term Debt | $24M |
| Deferred Revenue | $375M |
| Other Current Liabilities | $368M |
| TOTAL CURRENT LIABILITIES | $846M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $793M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $262.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $921M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$226M |
| Other Equity | $1.9B |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.0B |
| Net Debt | $351M |
