| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | — | -0.7% | — |
| Op. Income | $324M | $367M | — | -11.7% | — |
| Gross Margin | 32.7% | 34.0% | — | -1.4pp | — |
| Net Margin | 7.4% | 8.2% | — | -0.7pp | — |
| EPS (Diluted) | $1.71 | $1.91 | — | -10.5% | — |
| Free Cash Flow | $184M | $277M | — | -33.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $788M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $401M |
| Other Expenses | -$6M |
| Operating Expenses | $442M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $324M |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $121M |
| EBIT | $363M |
| EBITDA | $484M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $788M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $401M |
| Other Expenses | -$6M |
| Operating Expenses | $442M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $324M |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $121M |
| EBIT | $363M |
| EBITDA | $484M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $180M |
| Depreciation & Amortization | $121M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $250M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | -$255M |
| Purchases of Investments | $66M |
| Sales/Maturities of Investments | $800.0K |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$318M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $568M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $199M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.7B |
| Goodwill | $6.4B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $60M |
| Tax Assets | $2M |
| Other Non-Current Assets | $189M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $455M |
| Short-Term Debt | $691M |
| Deferred Revenue | $170M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $331M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $12M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$378M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $16M |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $6.2B |
| Net Debt | $5.6B |
