| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.9B | $1.3B | 14.4% | 63.9% |
| Op. Income | $538M | $440M | $191M | 22.4% | 182.3% |
| Gross Margin | 45.1% | 45.0% | 43.5% | 0.1pp | 1.6pp |
| Net Margin | 26.7% | 17.7% | 10.9% | 9.0pp | 15.8pp |
| EPS (Diluted) | $0.31 | $0.18 | $0.08 | 72.2% | 278.0% |
| Free Cash Flow | $379M | $368M | $137M | 3.0% | 176.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $971M |
| R&D Expenses | $266M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $538M |
| Interest Income | $16M |
| Interest Expense | $25M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $531M |
| Income Tax Expense | -$44M |
| Net Income from Continuing Ops | $575M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $575M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $575M |
| D&A | $76M |
| EBIT | $555M |
| EBITDA | $632M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $971M |
| R&D Expenses | $266M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $538M |
| Interest Income | $16M |
| Interest Expense | $25M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $531M |
| Income Tax Expense | -$44M |
| Net Income from Continuing Ops | $575M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $575M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $575M |
| D&A | $76M |
| EBIT | $555M |
| EBITDA | $632M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $575M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$293M |
| OPERATING CASH FLOW | $423M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $44M |
| Purchases of Investments | -$419M |
| Sales/Maturities of Investments | $805M |
| Other Investing Activities | -$853M |
| NET CASH FROM INVESTING | -$467M |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | -$216M |
| Common Dividends Paid | -$73M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$334M |
| FREE CASH FLOW | $379M |
| Net Change in Cash | -$375M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $3.8B |
| Net Receivables | $1.6B |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $676M |
| Goodwill | $1.4B |
| Intangible Assets | $450M |
| Long-Term Investments | $53M |
| Tax Assets | -$53M |
| Other Non-Current Assets | $488M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $473M |
| Short-Term Debt | $905M |
| Deferred Revenue | $527M |
| Other Current Liabilities | $507M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $164.0K |
| Additional Paid-In Capital | $5.7B |
| Retained Earnings | $5.8B |
| Treasury Stock | -$4.7B |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $175M |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $2.7B |
| Net Debt | $554M |
