| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $571M | $544M | $554M | 4.9% | 3.0% |
| Op. Income | $185M | $175M | $182M | 5.4% | 1.5% |
| Gross Margin | 57.6% | 55.5% | 58.1% | 2.0pp | -0.5pp |
| Net Margin | 22.1% | 22.5% | 19.5% | -0.4pp | 2.6pp |
| EPS (Diluted) | $2.15 | $2.07 | $1.91 | 3.9% | 12.6% |
| Free Cash Flow | $319M | $118M | $311M | 170.2% | 2.4% |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $329M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $82M |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $27M |
| EBIT | $201M |
| EBITDA | $228M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $329M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $82M |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $27M |
| EBIT | $201M |
| EBITDA | $228M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $162M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$143M |
| NET CASH FROM FINANCING | -$240M |
| FREE CASH FLOW | $319M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $365M |
| Short-Term Investments | $104M |
| Net Receivables | $440M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $923M |
| PP&E (Net) | $110M |
| Goodwill | $2.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $3.4B |
| Tax Assets | $677M |
| Other Non-Current Assets | -$632M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $912M |
| Retained Earnings | $3.3B |
| Treasury Stock | -$499M |
| Accum. Other Comp. Income | -$94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
