| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.6B | — | 15.3% | — |
| Op. Income | $440M | $316M | — | 39.2% | — |
| Gross Margin | 45.0% | 43.9% | — | 1.1pp | — |
| Net Margin | 17.7% | 16.2% | — | 1.5pp | — |
| EPS (Diluted) | $0.18 | $0.15 | — | 20.0% | — |
| Free Cash Flow | $368M | $431M | — | -14.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $847M |
| R&D Expenses | $247M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $407M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $440M |
| Interest Income | $11M |
| Interest Expense | $27M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $385M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $333M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $333M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $333M |
| D&A | $77M |
| EBIT | $411M |
| EBITDA | $489M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $847M |
| R&D Expenses | $247M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $407M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $440M |
| Interest Income | $11M |
| Interest Expense | $27M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $385M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $333M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $333M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $333M |
| D&A | $77M |
| EBIT | $411M |
| EBITDA | $489M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $333M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$114M |
| OPERATING CASH FLOW | $404M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $342M |
| Other Investing Activities | -$378M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$44.0K |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $368M |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $3.3B |
| Net Receivables | $1.4B |
| Inventory | $1.0B |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $673M |
| Goodwill | $1.4B |
| Intangible Assets | $488M |
| Long-Term Investments | $255M |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $445M |
| Short-Term Debt | $958M |
| Deferred Revenue | $408M |
| Other Current Liabilities | $537M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $501M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $162.0K |
| Additional Paid-In Capital | $5.7B |
| Retained Earnings | $5.3B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $197M |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $2.7B |
| Net Debt | $223M |
