| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $651M | $657M | — | -1.0% | — |
| Op. Income | $28M | $16M | — | 77.2% | — |
| Gross Margin | 97.0% | 97.4% | — | -0.4pp | — |
| Net Margin | 2.7% | 1.5% | — | 1.3pp | — |
| EPS (Diluted) | $0.14 | $0.09 | — | 63.4% | — |
| Free Cash Flow | $245M | -$375M | — | 165.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $631M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $434M |
| SG&A Expenses | $434M |
| Other Expenses | $169M |
| Operating Expenses | $603M |
| Cost & Expenses | $623M |
| OPERATING INCOME | $28M |
| Interest Income | $75M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $631M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $434M |
| SG&A Expenses | $434M |
| Other Expenses | $169M |
| Operating Expenses | $603M |
| Cost & Expenses | $623M |
| OPERATING INCOME | $28M |
| Interest Income | $75M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $137M |
| OPERATING CASH FLOW | $252M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$907M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | -$789M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$414M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $245M |
| Net Change in Cash | $349M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $675M |
| Short-Term Investments | $3.1B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $174M |
| Goodwill | $989M |
| Intangible Assets | $93M |
| Long-Term Investments | $9.1B |
| Tax Assets | $255M |
| Other Non-Current Assets | $758M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $1.8B |
| Short-Term Debt | $927M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $12.6B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $303M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $852M |
| Treasury Stock | -$111M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $2.5B |
| Net Debt | $1.8B |
