| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $600M | $612M | $571M | -2.0% | 5.1% |
| Op. Income | $214M | $199M | $185M | 7.7% | 15.9% |
| Gross Margin | 59.8% | 56.5% | 57.6% | 3.4pp | 2.3pp |
| Net Margin | 19.5% | 25.0% | 22.1% | -5.5pp | -2.6pp |
| EPS (Diluted) | $2.16 | $2.68 | $2.15 | -19.4% | 0.5% |
| Free Cash Flow | $368M | $200M | $319M | 84.2% | 15.3% |
| Item | Amount |
|---|---|
| REVENUE | $600M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $29M |
| EBIT | $214M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $600M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $29M |
| EBIT | $214M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $177M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $372M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$137M |
| NET CASH FROM FINANCING | -$283M |
| FREE CASH FLOW | $368M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $393M |
| Short-Term Investments | $84M |
| Net Receivables | $486M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $980M |
| PP&E (Net) | $109M |
| Goodwill | $2.6B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $3.4B |
| Tax Assets | $472M |
| Other Non-Current Assets | -$472M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $680M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$970M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
