| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | — | 2.0% | — |
| Op. Income | $149M | $182M | — | -18.4% | — |
| Gross Margin | 11.4% | 14.0% | — | -2.5pp | — |
| Net Margin | 7.0% | 8.7% | — | -1.7pp | — |
| EPS (Diluted) | $0.35 | $0.43 | — | -18.6% | — |
| Free Cash Flow | $38M | $126M | — | -69.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $16M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $101M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $159M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $16M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $101M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $159M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$306M |
| Sales/Maturities of Investments | $351M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | -$262M |
| Goodwill | $0 |
| Intangible Assets | $262M |
| Long-Term Investments | $2.3B |
| Tax Assets | $49M |
| Other Non-Current Assets | -$2.6B |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $18.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$436M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $983M |
| Deferred Revenue NC | -$1.0B |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | -$983M |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $262M |
| Additional Paid-In Capital | $706M |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $387M |
| Other Equity | -$43M |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $18.0B |
| Total Debt | $983M |
| Net Debt | -$8.7B |
