| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | — | 17.2% | — |
| Op. Income | $377M | $206M | — | 83.0% | — |
| Gross Margin | 45.7% | 38.4% | — | 7.3pp | — |
| Net Margin | 17.0% | 10.9% | — | 6.2pp | — |
| EPS (Diluted) | $0.73 | $0.38 | — | 92.1% | — |
| Free Cash Flow | $343M | $429M | — | -20.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $733M |
| GROSS PROFIT | $616M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $122M |
| SG&A Expenses | $122M |
| Other Expenses | $117M |
| Operating Expenses | $239M |
| Cost & Expenses | $972M |
| OPERATING INCOME | $377M |
| Interest Income | $1.0B |
| Interest Expense | $627M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $377M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | $230M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $230M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $230M |
| D&A | $0 |
| EBIT | $377M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $733M |
| GROSS PROFIT | $616M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $122M |
| SG&A Expenses | $122M |
| Other Expenses | $117M |
| Operating Expenses | $239M |
| Cost & Expenses | $972M |
| OPERATING INCOME | $377M |
| Interest Income | $1.0B |
| Interest Expense | $627M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $377M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | $230M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $230M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $230M |
| D&A | $0 |
| EBIT | $377M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $230M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $145M |
| OPERATING CASH FLOW | $343M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $3.1B |
| NET CASH FROM INVESTING | $3.1B |
| Net Debt Issuance | -$2.6B |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | -$138M |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | $343M |
| Net Change in Cash | $446M |
