| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $683M | $670M | — | 1.9% | — |
| Op. Income | $256M | $245M | — | 4.5% | — |
| Gross Margin | 71.3% | 70.3% | — | 1.0pp | — |
| Net Margin | 30.9% | 27.5% | — | 3.4pp | — |
| EPS (Diluted) | $0.59 | $0.52 | — | 13.5% | — |
| Free Cash Flow | $245M | $238M | — | 2.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $683M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $487M |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $231M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $256M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $211M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $22M |
| EBIT | $256M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $683M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $487M |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $231M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $256M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $211M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $22M |
| EBIT | $256M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $260M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $15M |
| Purchases of Investments | -$828M |
| Sales/Maturities of Investments | $302M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$541M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | $245M |
| Net Change in Cash | -$172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $0 |
| Net Receivables | $432M |
| Inventory | $184M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $447M |
| Goodwill | $201M |
| Intangible Assets | $136M |
| Long-Term Investments | $2.3B |
| Tax Assets | $133M |
| Other Non-Current Assets | -$2.1B |
| TOTAL NON-CURRENT ASSETS | $998M |
| TOTAL ASSETS | $6.2B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $236M |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $633M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $633M |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $0 |
| Net Debt | -$4.6B |
