| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $731M | $681M | $657M | 7.4% | 11.2% |
| Op. Income | $83M | $79M | $16M | 5.3% | 426.8% |
| Gross Margin | 97.7% | 97.7% | 97.4% | 0.1pp | 0.3pp |
| Net Margin | 7.2% | 9.6% | 1.5% | -2.4pp | 5.7pp |
| EPS (Diluted) | $0.42 | $0.52 | $0.09 | -19.2% | 390.1% |
| Free Cash Flow | $266M | $255M | -$375M | 4.4% | 170.9% |
| Item | Amount |
|---|---|
| REVENUE | $731M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $714M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $454M |
| SG&A Expenses | $454M |
| Other Expenses | $177M |
| Operating Expenses | $631M |
| Cost & Expenses | $648M |
| OPERATING INCOME | $83M |
| Interest Income | $109M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $11M |
| EBIT | $83M |
| EBITDA | $94M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $731M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $714M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $454M |
| SG&A Expenses | $454M |
| Other Expenses | $177M |
| Operating Expenses | $631M |
| Cost & Expenses | $648M |
| OPERATING INCOME | $83M |
| Interest Income | $109M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $11M |
| EBIT | $83M |
| EBITDA | $94M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $68M |
| Other Non-Cash Items | $91M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $275M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$780M |
| Sales/Maturities of Investments | $593M |
| Other Investing Activities | -$302M |
| NET CASH FROM INVESTING | -$497M |
| Net Debt Issuance | -$94M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $349M |
| NET CASH FROM FINANCING | $240M |
| FREE CASH FLOW | $266M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678M |
| Short-Term Investments | $3.5B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $181M |
| Goodwill | $970M |
| Intangible Assets | $115M |
| Long-Term Investments | $11.2B |
| Tax Assets | $134M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $1.6B |
| Short-Term Debt | $950M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.1B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $305M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $16.7B |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $990M |
| Treasury Stock | -$65M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $2.7B |
| Net Debt | $2.0B |
