| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $843M | $828M | $793M | 1.8% | 6.2% |
| Op. Income | $152M | $130M | $165M | 16.6% | -7.9% |
| Gross Margin | 44.3% | 43.8% | 46.1% | 0.4pp | -1.8pp |
| Net Margin | 13.0% | 14.0% | 14.7% | -0.9pp | -1.7pp |
| EPS (Diluted) | $1.38 | $1.45 | $1.46 | -4.8% | -5.5% |
| Free Cash Flow | $20M | -$8M | $112M | 344.1% | -82.1% |
| Item | Amount |
|---|---|
| REVENUE | $843M |
| Cost of Revenue | $470M |
| GROSS PROFIT | $373M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $139M |
| Other Expenses | $9M |
| Operating Expenses | $221M |
| Cost & Expenses | $691M |
| OPERATING INCOME | $152M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $29M |
| EBIT | $160M |
| EBITDA | $189M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $843M |
| Cost of Revenue | $470M |
| GROSS PROFIT | $373M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $139M |
| Other Expenses | $9M |
| Operating Expenses | $221M |
| Cost & Expenses | $691M |
| OPERATING INCOME | $152M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $29M |
| EBIT | $160M |
| EBITDA | $189M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$53M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $310M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | $227M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $491M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $0 |
| Net Receivables | $879M |
| Inventory | $624M |
| Other Current Assets | -$213M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $812M |
| Goodwill | $1.1B |
| Intangible Assets | $426M |
| Long-Term Investments | $0 |
| Tax Assets | $150M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $266M |
| Short-Term Debt | $258M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $233M |
| TOTAL CURRENT LIABILITIES | $861M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $403M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $14M |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$676M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $6M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.9B |
| Net Debt | $1.4B |
