| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.2B | $4.5B | 1.8% | -4.3% |
| Op. Income | $1.9B | $2.0B | $2.1B | -2.0% | -8.8% |
| Gross Margin | 84.1% | 84.4% | 84.6% | -0.3pp | -0.5pp |
| Net Margin | 37.7% | 39.9% | 34.7% | -2.2pp | 3.0pp |
| EPS (Diluted) | $0.33 | $0.34 | $0.31 | -3.2% | 6.0% |
| Free Cash Flow | $2.1B | $1.1B | $1.3B | 92.7% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $682M |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $516M |
| Selling & Marketing | $1.1B |
| General & Administrative | $133M |
| SG&A Expenses | $1.2B |
| Other Expenses | -$60M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.9B |
| Interest Income | $163M |
| Interest Expense | $117M |
| Other Income/Expenses | $46M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $338M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $120M |
| EBIT | $2.1B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $682M |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $516M |
| Selling & Marketing | $1.1B |
| General & Administrative | $133M |
| SG&A Expenses | $1.2B |
| Other Expenses | -$60M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.9B |
| Interest Income | $163M |
| Interest Expense | $117M |
| Other Income/Expenses | $46M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $338M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $120M |
| EBIT | $2.1B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $338M |
| Other Non-Cash Items | $667M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$401M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $156.7K |
| NET CASH FROM INVESTING | -$398M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$535M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$314M |
| NET CASH FROM FINANCING | -$850M |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $2.5B |
| Other Current Assets | $627M |
| TOTAL CURRENT ASSETS | $9.0B |
| PP&E (Net) | $5.9B |
| Goodwill | $0 |
| Intangible Assets | $658M |
| Long-Term Investments | $238M |
| Tax Assets | $322M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $913M |
| Short-Term Debt | $39M |
| Deferred Revenue | $4.4B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $707M |
| TOTAL NON-CURRENT LIABILITIES | $781M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $77M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.9B |
| Treasury Stock | -$940.0K |
| Accum. Other Comp. Income | -$325M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $39M |
| Net Debt | -$2.8B |
