| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $976M | $914M | 4.7% | 11.8% |
| Op. Income | $386M | $366M | $344M | 5.4% | 12.1% |
| Gross Margin | 63.9% | 64.4% | 62.4% | -0.5pp | 1.5pp |
| Net Margin | 30.0% | -13.8% | 27.7% | 43.8pp | 2.3pp |
| EPS (Diluted) | $1.95 | $-0.86 | $1.61 | 326.7% | 21.1% |
| Free Cash Flow | $338M | $116M | $215M | 191.0% | 56.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $369M |
| GROSS PROFIT | $653M |
| R&D Expenses | $153M |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $635M |
| OPERATING INCOME | $386M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $366M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $307M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $307M |
| D&A | $16M |
| EBIT | $394M |
| EBITDA | $402M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $369M |
| GROSS PROFIT | $653M |
| R&D Expenses | $153M |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $635M |
| OPERATING INCOME | $386M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $366M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $307M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $307M |
| D&A | $16M |
| EBIT | $394M |
| EBITDA | $402M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $307M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$338.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $353M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$147M |
| Sales/Maturities of Investments | $188M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | -$92M |
| Other Financing Activities | -$428.0K |
| NET CASH FROM FINANCING | -$202M |
| FREE CASH FLOW | $338M |
| Net Change in Cash | $182M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $1.6B |
| Net Receivables | $660M |
| Inventory | $859M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $284M |
| Goodwill | $350M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $194M |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $169M |
| Short-Term Debt | $0 |
| Deferred Revenue | $424M |
| Other Current Liabilities | $379M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $71M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $495M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $562M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.5B |
| Net Debt | $1.2B |
