| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.5B | $4.5B | 5.2% | 3.7% |
| Op. Income | $396M | $543M | $218M | -27.1% | 81.3% |
| Gross Margin | 18.0% | 22.8% | 14.0% | -4.8pp | 4.0pp |
| Net Margin | 6.3% | 10.4% | 2.6% | -4.1pp | 3.7pp |
| EPS (Diluted) | $0.42 | $0.65 | $0.17 | -36.0% | 148.5% |
| Free Cash Flow | $307M | $160M | $70M | 91.5% | 340.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $847M |
| R&D Expenses | $193M |
| Selling & Marketing | $144M |
| General & Administrative | $115M |
| SG&A Expenses | $259M |
| Other Expenses | $0 |
| Operating Expenses | $452M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $396M |
| Interest Income | $11M |
| Interest Expense | $16M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $404M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298M |
| D&A | $563M |
| EBIT | $420M |
| EBITDA | $983M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $847M |
| R&D Expenses | $193M |
| Selling & Marketing | $144M |
| General & Administrative | $115M |
| SG&A Expenses | $259M |
| Other Expenses | $0 |
| Operating Expenses | $452M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $396M |
| Interest Income | $11M |
| Interest Expense | $16M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $404M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298M |
| D&A | $563M |
| EBIT | $420M |
| EBITDA | $983M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $301M |
| Depreciation & Amortization | $568M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $90M |
| Change in Working Capital | $347M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $22M |
| Purchases of Investments | -$351M |
| Sales/Maturities of Investments | $154M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $228M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $228M |
| FREE CASH FLOW | $307M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $912M |
| Net Receivables | $3.3B |
| Inventory | $1.8B |
| Other Current Assets | $287M |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $10.1B |
| Goodwill | $195M |
| Intangible Assets | $405M |
| Long-Term Investments | $124M |
| Tax Assets | $657M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $19.4B |
| Account Payables | $2.0B |
| Short-Term Debt | $823M |
| Deferred Revenue | $95M |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $648M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $931M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $428M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $19.4B |
| Total Debt | $3.6B |
| Net Debt | $2.3B |
