| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.7B | 3.6% | 9.3% |
| Op. Income | $569M | $582M | $497M | -2.2% | 14.5% |
| Gross Margin | 82.5% | 83.4% | 87.2% | -0.8pp | -4.6pp |
| Net Margin | 26.7% | 27.7% | 22.0% | -1.0pp | 4.7pp |
| EPS (Diluted) | $0.45 | $0.44 | $0.32 | 2.3% | 40.6% |
| Free Cash Flow | $349M | $602M | $1.6B | -42.0% | -78.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $315M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $605M |
| SG&A Expenses | $631M |
| Other Expenses | $290M |
| Operating Expenses | $921M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $569M |
| Interest Income | $1.2B |
| Interest Expense | $253M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $569M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $482M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $482M |
| Net Income Deductions | -$14M |
| BOTTOM LINE NET INCOME | $468M |
| D&A | $95M |
| EBIT | $569M |
| EBITDA | $664M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $315M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $605M |
| SG&A Expenses | $631M |
| Other Expenses | $290M |
| Operating Expenses | $921M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $569M |
| Interest Income | $1.2B |
| Interest Expense | $253M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $569M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $482M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $482M |
| Net Income Deductions | -$14M |
| BOTTOM LINE NET INCOME | $468M |
| D&A | $95M |
| EBIT | $569M |
| EBITDA | $664M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $482M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $86M |
| Other Non-Cash Items | -$177M |
| Change in Working Capital | -$125M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$344M |
| Common Stock Repurchased | -$541M |
| Common Dividends Paid | -$190M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $573M |
| FREE CASH FLOW | $349M |
| Net Change in Cash | -$465M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $2.4B |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $891M |
| Goodwill | $2.5B |
| Intangible Assets | $338M |
| Long-Term Investments | $117.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.4B |
| TOTAL NON-CURRENT ASSETS | $131.7B |
| TOTAL ASSETS | $138.8B |
| Account Payables | $0 |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $105.8B |
| TOTAL CURRENT LIABILITIES | $109.7B |
| Long-Term Debt | $13.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$13.9B |
| TOTAL NON-CURRENT LIABILITIES | $13.8B |
| TOTAL LIABILITIES | $123.6B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $11.3B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.2B |
| Minority Interest | $2M |
| TOTAL EQUITY | $15.2B |
| TOTAL LIABILITIES & EQUITY | $138.8B |
| Total Debt | $15.8B |
| Net Debt | $15.5B |
