| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.1B | — | 8.8% | — |
| Op. Income | $106M | $70M | — | 50.7% | — |
| Gross Margin | 33.1% | 30.0% | — | 3.0pp | — |
| Net Margin | 2.2% | 1.9% | — | 0.3pp | — |
| EPS (Diluted) | $0.01 | $0.01 | — | 29.0% | — |
| Free Cash Flow | -$507M | -$255M | — | -98.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $757M |
| R&D Expenses | $216M |
| Selling & Marketing | $282M |
| General & Administrative | $153M |
| SG&A Expenses | $435M |
| Other Expenses | $0 |
| Operating Expenses | $651M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $106M |
| Interest Income | $9M |
| Interest Expense | $36M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $1.3B |
| EBIT | $115M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $757M |
| R&D Expenses | $216M |
| Selling & Marketing | $282M |
| General & Administrative | $153M |
| SG&A Expenses | $435M |
| Other Expenses | $0 |
| Operating Expenses | $651M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $106M |
| Interest Income | $9M |
| Interest Expense | $36M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $1.3B |
| EBIT | $115M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$1.9B |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | -$462M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $197M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$507M |
| Net Change in Cash | -$422M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $969M |
| Short-Term Investments | $374M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $192M |
| Goodwill | $0 |
| Intangible Assets | $6.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $284M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $286M |
| Short-Term Debt | $0 |
| Deferred Revenue | $427M |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $2.4B |
| Net Debt | $1.4B |
