| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.7B | 2.7% | 1.0% |
| Op. Income | $582M | $478M | $565M | 21.8% | 3.0% |
| Gross Margin | 83.4% | 85.0% | 87.8% | -1.7pp | -4.5pp |
| Net Margin | 27.7% | 24.6% | 23.9% | 3.0pp | 3.8pp |
| EPS (Diluted) | $0.44 | $0.38 | $0.36 | 15.8% | 22.2% |
| Free Cash Flow | $602M | -$230M | -$206M | 361.7% | 392.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $290M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $643M |
| SG&A Expenses | $669M |
| Other Expenses | $201M |
| Operating Expenses | $870M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $582M |
| Interest Income | $1.2B |
| Interest Expense | $226M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $582M |
| Income Tax Expense | $103M |
| Net Income from Continuing Ops | $479M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $482M |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $467M |
| D&A | $92M |
| EBIT | $582M |
| EBITDA | $674M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $290M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $643M |
| SG&A Expenses | $669M |
| Other Expenses | $201M |
| Operating Expenses | $870M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $582M |
| Interest Income | $1.2B |
| Interest Expense | $226M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $582M |
| Income Tax Expense | $103M |
| Net Income from Continuing Ops | $479M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $482M |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $467M |
| D&A | $92M |
| EBIT | $582M |
| EBITDA | $674M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $482M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $88M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $619M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $933M |
| Sales/Maturities of Investments | -$1.6B |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$708M |
| Net Debt Issuance | $696M |
| Common Stock Repurchased | -$123M |
| Common Dividends Paid | -$141M |
| Other Financing Activities | -$206M |
| NET CASH FROM FINANCING | $230M |
| FREE CASH FLOW | $602M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $784M |
| Short-Term Investments | $2.8B |
| Net Receivables | $4.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $892M |
| Goodwill | $2.5B |
| Intangible Assets | $361M |
| Long-Term Investments | $115.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.2B |
| TOTAL NON-CURRENT ASSETS | $129.7B |
| TOTAL ASSETS | $137.8B |
| Account Payables | $0 |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104.5B |
| TOTAL CURRENT LIABILITIES | $108.8B |
| Long-Term Debt | $13.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$13.9B |
| TOTAL NON-CURRENT LIABILITIES | $13.9B |
| TOTAL LIABILITIES | $122.7B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $11.0B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.1B |
| Minority Interest | $2M |
| TOTAL EQUITY | $15.1B |
| TOTAL LIABILITIES & EQUITY | $137.8B |
| Total Debt | $16.2B |
| Net Debt | $15.4B |
