| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.1B | 9.1% | 54.4% |
| Op. Income | $565M | $419M | $267M | 34.8% | 111.6% |
| Gross Margin | 87.8% | 87.7% | 87.6% | 0.2pp | 0.3pp |
| Net Margin | 23.9% | 20.5% | 18.1% | 3.4pp | 5.8pp |
| EPS (Diluted) | $0.36 | $0.27 | $0.23 | 33.3% | 56.5% |
| Free Cash Flow | -$206M | -$407M | $329M | 49.4% | -162.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $210M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $589M |
| SG&A Expenses | $619M |
| Other Expenses | $331M |
| Operating Expenses | $950M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $565M |
| Interest Income | $1.1B |
| Interest Expense | $144M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $565M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $407M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | -$14M |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $98M |
| EBIT | $565M |
| EBITDA | $663M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $210M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $589M |
| SG&A Expenses | $619M |
| Other Expenses | $331M |
| Operating Expenses | $950M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $565M |
| Interest Income | $1.1B |
| Interest Expense | $144M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $565M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $407M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | -$14M |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $98M |
| EBIT | $565M |
| EBITDA | $663M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $412M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $75M |
| Other Non-Cash Items | -$633M |
| Change in Working Capital | -$160M |
| OPERATING CASH FLOW | -$184M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$587M |
| NET CASH FROM INVESTING | -$655M |
| Net Debt Issuance | $2.3B |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | -$118M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | $891M |
| FREE CASH FLOW | -$206M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $601M |
| Short-Term Investments | $2.7B |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.0B |
| PP&E (Net) | $919M |
| Goodwill | $2.5B |
| Intangible Assets | $435M |
| Long-Term Investments | $114.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.0B |
| TOTAL NON-CURRENT ASSETS | $127.8B |
| TOTAL ASSETS | $135.8B |
| Account Payables | $0 |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102.8B |
| TOTAL CURRENT LIABILITIES | $107.0B |
| Long-Term Debt | $13.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $308M |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $120.6B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $9.9B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$506M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.3B |
| Minority Interest | $2M |
| TOTAL EQUITY | $15.3B |
| TOTAL LIABILITIES & EQUITY | $135.8B |
| Total Debt | $16.0B |
| Net Debt | $15.4B |
