| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 3.7% | 3.9% |
| Op. Income | $146M | $165M | $149M | -11.2% | -1.7% |
| Gross Margin | 11.2% | 12.8% | 11.4% | -1.6pp | -0.2pp |
| Net Margin | 6.8% | 7.8% | 7.0% | -1.0pp | -0.2pp |
| EPS (Diluted) | $0.35 | $0.39 | $0.35 | -10.3% | 0.0% |
| Free Cash Flow | $113M | $146M | $38M | -22.7% | 197.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $22M |
| Operating Expenses | $22M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $0 |
| EBIT | $162M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $22M |
| Operating Expenses | $22M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $0 |
| EBIT | $162M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$58M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$484M |
| Sales/Maturities of Investments | $440M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.9B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | -$295M |
| Goodwill | $0 |
| Intangible Assets | $295M |
| Long-Term Investments | $3.2B |
| Tax Assets | $79M |
| Other Non-Current Assets | -$3.5B |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $19.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$422M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | -$1.6B |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $13.1B |
| TOTAL NON-CURRENT LIABILITIES | $14.7B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $264M |
| Additional Paid-In Capital | $732M |
| Retained Earnings | $3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $375M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $19.4B |
| Total Debt | $1.5B |
| Net Debt | -$8.4B |
