| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $550M | $499M | $600M | 10.2% | -8.4% |
| Op. Income | $65M | $46M | $80M | 39.9% | -18.9% |
| Gross Margin | 77.9% | 77.7% | 78.6% | 0.2pp | -0.7pp |
| Net Margin | 7.6% | 5.5% | 7.4% | 2.1pp | 0.2pp |
| EPS (Diluted) | $0.77 | $0.51 | $0.79 | 51.0% | -2.5% |
| Free Cash Flow | $51M | $5M | $125M | 842.4% | -59.2% |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $135M |
| SG&A Expenses | $364M |
| Other Expenses | -$3M |
| Operating Expenses | $364M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $17M |
| EBIT | $65M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $135M |
| SG&A Expenses | $364M |
| Other Expenses | -$3M |
| Operating Expenses | $364M |
| Cost & Expenses | $485M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $17M |
| EBIT | $65M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $868.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$13.0K |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $345M |
| Short-Term Investments | $8M |
| Net Receivables | $35M |
| Inventory | $247M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $720M |
| PP&E (Net) | $451M |
| Goodwill | $115M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $787M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $38M |
| Short-Term Debt | $101M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $401M |
| Long-Term Debt | $324M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $407M |
| TOTAL LIABILITIES | $808M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $449M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $700M |
| Minority Interest | $0 |
| TOTAL EQUITY | $700M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $425M |
| Net Debt | $79M |
