| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $7.0B | $6.5B | 0.3% | 7.7% |
| Op. Income | $1.4B | $1.2B | $1.5B | 18.4% | -5.9% |
| Gross Margin | 68.3% | 68.6% | 70.1% | -0.3pp | -1.8pp |
| Net Margin | 16.1% | 12.0% | 17.6% | 4.1pp | -1.5pp |
| EPS (Diluted) | $0.95 | $0.70 | $0.96 | 35.0% | -1.2% |
| Free Cash Flow | $200M | $19M | $300M | 968.8% | -33.5% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $2.0B |
| General & Administrative | $332M |
| SG&A Expenses | $2.3B |
| Other Expenses | $2M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.4B |
| Interest Income | $27M |
| Interest Expense | $33M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $361M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $410M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $2.0B |
| General & Administrative | $332M |
| SG&A Expenses | $2.3B |
| Other Expenses | $2M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.4B |
| Interest Income | $27M |
| Interest Expense | $33M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $361M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $410M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $410M |
| Stock-Based Compensation | $406M |
| Deferred Income Tax | $355M |
| Other Non-Cash Items | -$380M |
| Change in Working Capital | -$940M |
| OPERATING CASH FLOW | $583M |
| Capital Expenditure | -$383M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | -$332M |
| Sales/Maturities of Investments | $269M |
| Other Investing Activities | -$357M |
| NET CASH FROM INVESTING | -$445M |
| Net Debt Issuance | -$170M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$172M |
| FREE CASH FLOW | $200M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $566M |
| Net Receivables | $6.3B |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $13.3B |
| PP&E (Net) | $4.0B |
| Goodwill | $27.5B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $1.7B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $40.1B |
| TOTAL ASSETS | $53.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $4.2B |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $118M |
| Deferred Tax Liabilities | $251M |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $10.0B |
| TOTAL LIABILITIES | $21.8B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $635M |
| Retained Earnings | $30.1B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.5B |
| Minority Interest | $50M |
| TOTAL EQUITY | $31.6B |
| TOTAL LIABILITIES & EQUITY | $53.4B |
| Total Debt | $9.3B |
| Net Debt | $4.0B |
