| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.6B | $5.0B | 8.8% | -0.1% |
| Op. Income | $349M | $235M | $295M | 48.3% | 18.3% |
| Gross Margin | 46.8% | 45.3% | 44.8% | 1.5pp | 2.0pp |
| Net Margin | 0.0% | 3.2% | 5.8% | -3.1pp | -5.8pp |
| EPS (Diluted) | $0.22 | $0.14 | $0.29 | 58.3% | -24.0% |
| Free Cash Flow | $0 | $0 | $1.2B | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $498M |
| Selling & Marketing | $1.4B |
| General & Administrative | $184M |
| SG&A Expenses | $1.5B |
| Other Expenses | -$42M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $349M |
| Interest Income | $20M |
| Interest Expense | $77M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | -$215M |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $217M |
| D&A | $20M |
| EBIT | $369M |
| EBITDA | $369M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $498M |
| Selling & Marketing | $1.4B |
| General & Administrative | $184M |
| SG&A Expenses | $1.5B |
| Other Expenses | -$42M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $349M |
| Interest Income | $20M |
| Interest Expense | $77M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | -$215M |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $217M |
| D&A | $20M |
| EBIT | $369M |
| EBITDA | $369M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1M |
| Net Receivables | $4.2B |
| Inventory | $3.2B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $10.6B |
| PP&E (Net) | $1.8B |
| Goodwill | $9.5B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $944M |
| Tax Assets | $2.0B |
| Other Non-Current Assets | $294M |
| TOTAL NON-CURRENT ASSETS | $18.5B |
| TOTAL ASSETS | $29.1B |
| Account Payables | $2.1B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $259M |
| Deferred Tax Liabilities | $89M |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $222M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $9.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13.5B |
| Other Equity | -$9.4B |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $26M |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $29.1B |
| Total Debt | $5.8B |
| Net Debt | $3.9B |
