| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 3.0% | 6.4% |
| Op. Income | $655M | $458M | $596M | 43.0% | 9.8% |
| Gross Margin | 90.2% | 90.3% | 90.3% | -0.1pp | -0.1pp |
| Net Margin | 31.1% | 22.9% | 25.6% | 8.2pp | 5.5pp |
| EPS (Diluted) | $3.26 | $2.23 | $2.35 | 46.2% | 38.7% |
| Free Cash Flow | $9M | $475M | $309M | -98.0% | -96.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $155M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $438M |
| SG&A Expenses | $460M |
| Other Expenses | $317M |
| Operating Expenses | $777M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $655M |
| Interest Income | $1.1B |
| Interest Expense | $120M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $493M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $493M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $473M |
| D&A | $46M |
| EBIT | $655M |
| EBITDA | $700M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $155M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $438M |
| SG&A Expenses | $460M |
| Other Expenses | $317M |
| Operating Expenses | $777M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $655M |
| Interest Income | $1.1B |
| Interest Expense | $120M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $493M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $493M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $473M |
| D&A | $46M |
| EBIT | $655M |
| EBITDA | $700M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $493M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $792.0K |
| Other Non-Cash Items | -$723M |
| Change in Working Capital | $221M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$237M |
| Sales/Maturities of Investments | $976M |
| Other Investing Activities | $201M |
| NET CASH FROM INVESTING | $912M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$475M |
| Common Dividends Paid | -$115M |
| Other Financing Activities | -$1.7B |
| NET CASH FROM FINANCING | -$872M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.0B |
| Short-Term Investments | $9.1B |
| Net Receivables | $4.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $22.0B |
| PP&E (Net) | $638M |
| Goodwill | $4.6B |
| Intangible Assets | $59M |
| Long-Term Investments | $90.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $96.2B |
| TOTAL ASSETS | $118.4B |
| Account Payables | $2.0B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $89.3B |
| TOTAL CURRENT LIABILITIES | $94.5B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $102.8B |
| Common Stock | $82M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $10.8B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$518M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.6B |
| TOTAL LIABILITIES & EQUITY | $118.4B |
| Total Debt | $11.6B |
| Net Debt | $3.6B |
