| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.1B | $2.9B | 0.5% | 8.4% |
| Op. Income | $385M | $375M | $337M | 2.5% | 14.1% |
| Gross Margin | 94.6% | 95.1% | 94.7% | -0.4pp | -0.1pp |
| Net Margin | 7.2% | 7.4% | 6.9% | -0.2pp | 0.4pp |
| EPS (Diluted) | $3.47 | $3.54 | $3.07 | -2.0% | 13.0% |
| Free Cash Flow | $415M | $256M | $425M | 62.5% | -2.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $168M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$2.6B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $385M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$2.8B |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | -$385M |
| EBIT | $385M |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $168M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$2.6B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $385M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$2.8B |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | -$385M |
| EBIT | $385M |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $200M |
| OPERATING CASH FLOW | $449M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$133M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$114M |
| NET CASH FROM FINANCING | -$210M |
| FREE CASH FLOW | $415M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | -$52.8B |
| Goodwill | $0 |
| Intangible Assets | $3.3B |
| Long-Term Investments | $49.6B |
| Tax Assets | $3.2B |
| Other Non-Current Assets | $54.2B |
| TOTAL NON-CURRENT ASSETS | $57.5B |
| TOTAL ASSETS | $58.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $791.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $5.7B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $11.7B |
| Total Debt | $3.6B |
| Net Debt | $2.4B |
