| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $637M | $728M | $620M | -12.6% | 2.7% |
| Op. Income | $144M | $173M | $149M | -16.4% | -3.2% |
| Gross Margin | 43.2% | 43.1% | 42.9% | 0.1pp | 0.2pp |
| Net Margin | 17.2% | 16.5% | 18.2% | 0.6pp | -1.0pp |
| EPS (Diluted) | $0.82 | $0.91 | $0.85 | -9.9% | -3.5% |
| Free Cash Flow | $394M | $178M | $270M | 120.6% | 45.8% |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $362M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $58M |
| SG&A Expenses | $78M |
| Other Expenses | $52M |
| Operating Expenses | $131M |
| Cost & Expenses | $492M |
| OPERATING INCOME | $144M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $8M |
| EBIT | $157M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $362M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $58M |
| SG&A Expenses | $78M |
| Other Expenses | $52M |
| Operating Expenses | $131M |
| Cost & Expenses | $492M |
| OPERATING INCOME | $144M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $8M |
| EBIT | $157M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $400M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $90.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$9.0K |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $394M |
| Net Change in Cash | $298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $652M |
| Net Receivables | $552M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $201M |
| Goodwill | $385M |
| Intangible Assets | $7M |
| Long-Term Investments | $427M |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $223M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $702M |
| Other Current Liabilities | -$702M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $702M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $357M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $733M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$384M |
| Accum. Other Comp. Income | -$262M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $61M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.2B |
| Net Debt | -$64M |
