| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.4B | -4.2% | 21.2% |
| Op. Income | $497M | $565M | $188M | -12.0% | 164.4% |
| Gross Margin | 87.2% | 87.8% | 87.6% | -0.7pp | -0.4pp |
| Net Margin | 22.0% | 23.9% | 12.6% | -1.9pp | 9.4pp |
| EPS (Diluted) | $0.32 | $0.36 | $0.17 | -11.1% | 88.2% |
| Free Cash Flow | $1.6B | -$206M | $87M | 894.2% | 1780.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $212M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $599M |
| SG&A Expenses | $633M |
| Other Expenses | $310M |
| Operating Expenses | $943M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $497M |
| Interest Income | $1.1B |
| Interest Expense | $161M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $497M |
| Income Tax Expense | $134M |
| Net Income from Continuing Ops | $363M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $364M |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $349M |
| D&A | $103M |
| EBIT | $497M |
| EBITDA | $600M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $212M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $599M |
| SG&A Expenses | $633M |
| Other Expenses | $310M |
| Operating Expenses | $943M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $497M |
| Interest Income | $1.1B |
| Interest Expense | $161M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $497M |
| Income Tax Expense | $134M |
| Net Income from Continuing Ops | $363M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $364M |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $349M |
| D&A | $103M |
| EBIT | $497M |
| EBITDA | $600M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $364M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$78M |
| Other Non-Cash Items | $958M |
| Change in Working Capital | $298M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.6B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $158M |
| Common Stock Repurchased | -$270M |
| Common Dividends Paid | -$117M |
| Other Financing Activities | $619M |
| NET CASH FROM FINANCING | $394M |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562M |
| Short-Term Investments | $4.3B |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $916M |
| Goodwill | $2.5B |
| Intangible Assets | $412M |
| Long-Term Investments | $114.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.4B |
| TOTAL NON-CURRENT ASSETS | $127.2B |
| TOTAL ASSETS | $136.7B |
| Account Payables | $0 |
| Short-Term Debt | $988M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $103.4B |
| TOTAL CURRENT LIABILITIES | $106.2B |
| Long-Term Debt | $15.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $121.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $10.1B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$506M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.2B |
| Minority Interest | $1M |
| TOTAL EQUITY | $15.3B |
| TOTAL LIABILITIES & EQUITY | $136.7B |
| Total Debt | $16.1B |
| Net Debt | $15.5B |
