| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $386M | $372M | $355M | 3.7% | 8.8% |
| Op. Income | $99M | $97M | $97M | 2.1% | 2.1% |
| Gross Margin | 54.6% | 55.7% | 55.4% | -1.2pp | -0.9pp |
| Net Margin | 26.4% | 24.6% | 24.4% | 1.7pp | 1.9pp |
| EPS (Diluted) | $0.63 | $0.57 | $0.53 | 10.5% | 18.9% |
| Free Cash Flow | $106M | $88M | $93M | 20.2% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $58M |
| Operating Expenses | $111M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $99M |
| Interest Income | $2M |
| Interest Expense | $345.0K |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $21M |
| EBIT | $141M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $58M |
| Operating Expenses | $111M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $99M |
| Interest Income | $2M |
| Interest Expense | $345.0K |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $21M |
| EBIT | $141M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $225.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$80M |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $685M |
| Short-Term Investments | $21M |
| Net Receivables | $324M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $148M |
| Goodwill | $0 |
| Intangible Assets | $389M |
| Long-Term Investments | $130M |
| Tax Assets | $2M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $686M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $319M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $448M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $40M |
| Net Debt | -$645M |
