| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | — | -5.0% | — |
| Op. Income | $206M | $284M | — | -27.5% | — |
| Gross Margin | 38.4% | 44.2% | — | -5.8pp | — |
| Net Margin | 10.9% | 14.9% | — | -4.1pp | — |
| EPS (Diluted) | $0.38 | $0.53 | — | -28.3% | — |
| Free Cash Flow | $429M | $342M | — | 25.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $709M |
| GROSS PROFIT | $442M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $124M |
| SG&A Expenses | $124M |
| Other Expenses | $112M |
| Operating Expenses | $236M |
| Cost & Expenses | $945M |
| OPERATING INCOME | $206M |
| Interest Income | $1.0B |
| Interest Expense | $599M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $0 |
| EBIT | $206M |
| EBITDA | $206M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $709M |
| GROSS PROFIT | $442M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $124M |
| SG&A Expenses | $124M |
| Other Expenses | $112M |
| Operating Expenses | $236M |
| Cost & Expenses | $945M |
| OPERATING INCOME | $206M |
| Interest Income | $1.0B |
| Interest Expense | $599M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $0 |
| EBIT | $206M |
| EBITDA | $206M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97M |
| Change in Working Capital | $202M |
| OPERATING CASH FLOW | $429M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $3.2B |
| NET CASH FROM INVESTING | $3.2B |
| Net Debt Issuance | -$3.2B |
| Common Stock Repurchased | -$175M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $429M |
| Net Change in Cash | $209M |
