| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $877M | $751M | — | 16.8% | — |
| Op. Income | $334M | $249M | — | 34.0% | — |
| Gross Margin | 63.7% | 63.0% | — | 0.7pp | — |
| Net Margin | 27.2% | 23.7% | — | 3.4pp | — |
| EPS (Diluted) | $1.52 | $1.13 | — | 34.5% | — |
| Free Cash Flow | $214M | $160M | — | 33.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $558M |
| R&D Expenses | $131M |
| Selling & Marketing | $0 |
| General & Administrative | $94M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $224M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $334M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $238M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $238M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $15M |
| EBIT | $337M |
| EBITDA | $349M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $877M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $558M |
| R&D Expenses | $131M |
| Selling & Marketing | $0 |
| General & Administrative | $94M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $224M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $334M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $238M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $238M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $15M |
| EBIT | $337M |
| EBITDA | $349M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $238M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$681.0K |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $222M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$395M |
| Sales/Maturities of Investments | $260M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$140M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$85M |
| Other Financing Activities | -$79.0K |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $937M |
| Short-Term Investments | $1.7B |
| Net Receivables | $712M |
| Inventory | $671M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $280M |
| Goodwill | $335M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $260M |
| Other Non-Current Assets | $186M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $116M |
| Short-Term Debt | $250M |
| Deferred Revenue | $330M |
| Other Current Liabilities | $312M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $483M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $534M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $965M |
| Minority Interest | $0 |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $3.0B |
| Net Debt | $2.0B |
