| Metric | Q3 2015 | Q2 2015 | Q3 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $588M | $591M | $556M | -0.6% | 5.7% |
| Op. Income | $95M | $83M | $74M | 14.2% | 28.4% |
| Gross Margin | 62.1% | 61.3% | 60.6% | 0.8pp | 1.5pp |
| Net Margin | 10.1% | 8.6% | 8.4% | 1.5pp | 1.7pp |
| EPS (Diluted) | $0.86 | $0.74 | $0.68 | 16.2% | 26.5% |
| Free Cash Flow | $134M | $116M | $135M | 15.3% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $588M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $285M |
| General & Administrative | $208M |
| SG&A Expenses | $493M |
| Other Expenses | $0 |
| Operating Expenses | $493M |
| Cost & Expenses | $716M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $60M |
| EBIT | $95M |
| EBITDA | $155M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $588M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $285M |
| General & Administrative | $208M |
| SG&A Expenses | $493M |
| Other Expenses | $0 |
| Operating Expenses | $493M |
| Cost & Expenses | $716M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $60M |
| EBIT | $95M |
| EBITDA | $155M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $0 |
| Net Receivables | $331M |
| Inventory | $0 |
| Other Current Assets | $196M |
| TOTAL CURRENT ASSETS | $790M |
| PP&E (Net) | $323M |
| Goodwill | $3.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $78M |
| Other Non-Current Assets | -$54M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $58M |
| Short-Term Debt | $36M |
| Deferred Revenue | $607M |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $963M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $356M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $701.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$172M |
| Other Equity | $797M |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
