| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $397M | $233M | $257M | 70.2% | 54.3% |
| Op. Income | $57M | $51M | $56M | 11.6% | 0.5% |
| Gross Margin | 66.4% | 65.4% | 68.9% | 1.0pp | -2.5pp |
| Net Margin | 10.5% | 18.3% | 18.0% | -7.8pp | -7.5pp |
| EPS (Diluted) | $0.28 | $0.38 | $0.41 | -26.3% | -31.7% |
| Free Cash Flow | -$14M | $68M | $37M | -121.3% | -139.0% |
| Item | Amount |
|---|---|
| REVENUE | $397M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $67M |
| SG&A Expenses | $150M |
| Other Expenses | $57M |
| Operating Expenses | $207M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $9M |
| EBIT | $65M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $397M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $67M |
| SG&A Expenses | $150M |
| Other Expenses | $57M |
| Operating Expenses | $207M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $9M |
| EBIT | $65M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $417M |
| Purchases of Investments | $6M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $579M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$129M |
| Other Financing Activities | -$124M |
| NET CASH FROM FINANCING | -$253M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $322M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $684M |
| Short-Term Investments | $659M |
| Net Receivables | $621M |
| Inventory | $0 |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $77M |
| Goodwill | $1.5B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $218M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $355M |
| Short-Term Debt | $115M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $205M |
| TOTAL CURRENT LIABILITIES | $948M |
| Long-Term Debt | $324M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $301M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $708M |
| Treasury Stock | -$158M |
| Accum. Other Comp. Income | -$344M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $216M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $439M |
| Net Debt | -$245M |
