| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $756M | $674M | $670M | 12.2% | 12.8% |
| Op. Income | $258M | $192M | $245M | 34.5% | 4.9% |
| Gross Margin | 69.8% | 69.1% | 70.3% | 0.7pp | -0.5pp |
| Net Margin | 29.3% | 26.7% | 27.5% | 2.6pp | 1.8pp |
| EPS (Diluted) | $0.64 | $0.52 | $0.52 | 23.1% | 23.1% |
| Free Cash Flow | $161M | $189M | $238M | -14.5% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $756M |
| Cost of Revenue | $228M |
| GROSS PROFIT | $528M |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $186M |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $270M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $258M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $268M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $222M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $222M |
| D&A | $24M |
| EBIT | $260M |
| EBITDA | $284M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $756M |
| Cost of Revenue | $228M |
| GROSS PROFIT | $528M |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $186M |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $270M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $258M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $268M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $222M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $222M |
| D&A | $24M |
| EBIT | $260M |
| EBITDA | $284M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $222M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | $217M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $55M |
| Purchases of Investments | -$539M |
| Sales/Maturities of Investments | $240M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$354M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $0 |
| Net Receivables | $481M |
| Inventory | $214M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $540M |
| Goodwill | $201M |
| Intangible Assets | $152M |
| Long-Term Investments | $1.6B |
| Tax Assets | $115M |
| Other Non-Current Assets | -$1.3B |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $298M |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $729M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $729M |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $482M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $0 |
| Net Debt | -$3.4B |
