| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.3B | 14.0% | 4.1% |
| Op. Income | $269M | $172M | $377M | 56.4% | -28.6% |
| Gross Margin | 36.6% | 33.1% | 45.7% | 3.5pp | -9.1pp |
| Net Margin | 12.5% | 9.1% | 17.0% | 3.4pp | -4.5pp |
| EPS (Diluted) | $0.64 | $0.39 | $0.73 | 64.1% | -12.3% |
| Free Cash Flow | $284M | $273M | $343M | 4.0% | -17.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $890M |
| GROSS PROFIT | $514M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $128M |
| SG&A Expenses | $128M |
| Other Expenses | $117M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $269M |
| Interest Income | $1.1B |
| Interest Expense | $785M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $0 |
| EBIT | $269M |
| EBITDA | $269M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $890M |
| GROSS PROFIT | $514M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $128M |
| SG&A Expenses | $128M |
| Other Expenses | $117M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $269M |
| Interest Income | $1.1B |
| Interest Expense | $785M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $0 |
| EBIT | $269M |
| EBITDA | $269M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $176M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $63M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $284M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $2.9B |
| NET CASH FROM INVESTING | $2.9B |
| Net Debt Issuance | -$3.1B |
| Common Stock Repurchased | -$165M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$3.3B |
| FREE CASH FLOW | $284M |
| Net Change in Cash | -$103M |
