| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $828M | $767M | $764M | 7.9% | 8.4% |
| Op. Income | -$19M | $76M | $86M | -124.6% | -121.7% |
| Gross Margin | 79.9% | 81.9% | 76.6% | -2.0pp | 3.4pp |
| Net Margin | 21.7% | 8.6% | 5.7% | 13.0pp | 16.0pp |
| EPS (Diluted) | $2.06 | $0.79 | $0.53 | 160.8% | 288.7% |
| Free Cash Flow | $125M | $59M | $83M | 111.7% | 50.2% |
| Item | Amount |
|---|---|
| REVENUE | $828M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $662M |
| R&D Expenses | $71M |
| Selling & Marketing | $353M |
| General & Administrative | $236M |
| SG&A Expenses | $589M |
| Other Expenses | $22M |
| Operating Expenses | $681M |
| Cost & Expenses | $847M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$280M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $22M |
| EBIT | -$29M |
| EBITDA | -$53M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $180M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$351M |
| Other Non-Cash Items | $593M |
| Change in Working Capital | -$438M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$393M |
| NET CASH FROM FINANCING | -$393M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | -$267M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $121M |
| Net Receivables | $271M |
| Inventory | $0 |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $320M |
| Goodwill | $2.5B |
| Intangible Assets | $660M |
| Long-Term Investments | $121M |
| Tax Assets | $36M |
| Other Non-Current Assets | $175M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $105M |
| Short-Term Debt | $33M |
| Deferred Revenue | $343M |
| Other Current Liabilities | $354M |
| TOTAL CURRENT LIABILITIES | $836M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $591M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $260.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $562M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$315M |
| Other Equity | $2.2B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $1.6B |
| Net Debt | $394M |
