| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.6B | $2.2B | 12.1% | 34.3% |
| Op. Income | $828M | $737M | $538M | 12.2% | 53.7% |
| Gross Margin | 46.0% | 46.7% | 45.1% | -0.7pp | 0.9pp |
| Net Margin | 26.9% | -0.4% | 26.7% | 27.3pp | 0.2pp |
| EPS (Diluted) | $0.43 | $-0.01 | $0.31 | 7035.5% | 38.7% |
| Free Cash Flow | $1.0B | -$56M | $379M | 1888.4% | 164.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $305M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $0 |
| Operating Expenses | $503M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $828M |
| Interest Income | $22M |
| Interest Expense | $26M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $772M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $779M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $779M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $779M |
| D&A | $82M |
| EBIT | $797M |
| EBITDA | $880M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $305M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $0 |
| Operating Expenses | $503M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $828M |
| Interest Income | $22M |
| Interest Expense | $26M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $772M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $779M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $779M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $779M |
| D&A | $82M |
| EBIT | $797M |
| EBITDA | $880M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $779M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $49M |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | $2.1B |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$80M |
| Other Financing Activities | $7.0K |
| NET CASH FROM FINANCING | -$186M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $1.8B |
| Net Receivables | $2.1B |
| Inventory | $1.7B |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $827M |
| Goodwill | $1.5B |
| Intangible Assets | $340M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $585M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $631M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $749M |
| Other Current Liabilities | $638M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $164.0K |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $7.4B |
| Treasury Stock | -$6.6B |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $81M |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $3.2B |
| Net Debt | -$1.5B |
