| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $873M | $843M | $777M | 3.6% | 12.3% |
| Op. Income | $149M | $152M | $124M | -1.8% | 19.7% |
| Gross Margin | 43.6% | 44.3% | 44.6% | -0.7pp | -1.0pp |
| Net Margin | 12.6% | 13.0% | 11.6% | -0.4pp | 1.1pp |
| EPS (Diluted) | $1.39 | $1.38 | $1.12 | 0.7% | 24.1% |
| Free Cash Flow | $110M | $20M | $143M | 453.8% | -22.6% |
| Item | Amount |
|---|---|
| REVENUE | $873M |
| Cost of Revenue | $493M |
| GROSS PROFIT | $380M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | $12M |
| Operating Expenses | $231M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $31M |
| 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 | $30M |
| EBIT | $161M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $873M |
| Cost of Revenue | $493M |
| GROSS PROFIT | $380M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | $12M |
| Operating Expenses | $231M |
| Cost & Expenses | $724M |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $31M |
| 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 | $30M |
| EBIT | $161M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12.0K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$236M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$24.0K |
| NET CASH FROM FINANCING | -$286M |
| FREE CASH FLOW | $110M |
| Net Change in Cash | $316M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $0 |
| Net Receivables | $914M |
| Inventory | $620M |
| Other Current Assets | -$223M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $829M |
| Goodwill | $1.2B |
| Intangible Assets | $424M |
| Long-Term Investments | $0 |
| Tax Assets | $158M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $271M |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $248M |
| TOTAL CURRENT LIABILITIES | $696M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $14M |
| Additional Paid-In Capital | $156M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$657M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
