| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 6.3% | 6.5% |
| Op. Income | $60M | $146M | $164M | -59.2% | -63.6% |
| Gross Margin | 5.2% | 11.2% | 12.1% | -6.0pp | -6.9pp |
| Net Margin | 2.9% | 6.8% | 7.4% | -3.9pp | -4.5pp |
| EPS (Diluted) | $0.17 | $0.35 | $0.39 | -51.4% | -56.4% |
| Free Cash Flow | $263M | $113M | $238M | 133.0% | 10.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $23M |
| Operating Expenses | $23M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $46M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $0 |
| EBIT | $75M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $23M |
| Operating Expenses | $23M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $46M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $0 |
| EBIT | $75M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$56M |
| Change in Working Capital | $259M |
| OPERATING CASH FLOW | $263M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$783M |
| Sales/Maturities of Investments | $519M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$272M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$50M |
| Other Financing Activities | $800.0K |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.3B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $302M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$302M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $19.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$25M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | -$1.6B |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $13.0B |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $15.0B |
| Common Stock | $264M |
| Additional Paid-In Capital | $736M |
| Retained Earnings | $3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $441M |
| Other Equity | -$34M |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $19.7B |
| Total Debt | $1.5B |
| Net Debt | -$8.8B |
