| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.5B | $1.9B | 4.1% | 37.1% |
| Op. Income | $737M | $693M | $440M | 6.4% | 67.6% |
| Gross Margin | 46.7% | 46.4% | 45.0% | 0.3pp | 1.7pp |
| Net Margin | -0.4% | 23.8% | 17.7% | -24.2pp | -18.1pp |
| EPS (Diluted) | $-0.01 | $0.32 | $0.18 | -101.9% | -103.4% |
| Free Cash Flow | -$56M | $798M | $368M | -107.0% | -115.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $281M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $187M |
| Other Expenses | $0 |
| Operating Expenses | $468M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $737M |
| Interest Income | $21M |
| Interest Expense | $23M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $734M |
| Income Tax Expense | $744M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $80M |
| EBIT | $758M |
| EBITDA | $837M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$271M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $185M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | -$84.0K |
| Purchases of Investments | -$206M |
| Sales/Maturities of Investments | $620M |
| Other Investing Activities | -$625M |
| NET CASH FROM INVESTING | -$295M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$73M |
| Other Financing Activities | $784M |
| NET CASH FROM FINANCING | -$396M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$661M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $4.0B |
| Net Receivables | $2.3B |
| Inventory | $1.5B |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $9.7B |
| PP&E (Net) | $807M |
| Goodwill | $1.5B |
| Intangible Assets | $381M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $573M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $422M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $749M |
| Other Current Liabilities | $736M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $937M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $159.0K |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $130M |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $3.2B |
| Net Debt | $1.4B |
