| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.3B | 2.4% | 8.0% |
| Op. Income | $434M | $416M | $392M | 4.2% | 10.7% |
| Gross Margin | 53.7% | 52.6% | 52.4% | 1.1pp | 1.4pp |
| Net Margin | 20.0% | 15.0% | 15.2% | 5.0pp | 4.8pp |
| EPS (Diluted) | $0.60 | $0.40 | $0.40 | 50.0% | 50.0% |
| Free Cash Flow | $434M | $417M | $357M | 4.1% | 21.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $639M |
| GROSS PROFIT | $741M |
| R&D Expenses | $29M |
| Selling & Marketing | $115M |
| General & Administrative | $83M |
| SG&A Expenses | $198M |
| Other Expenses | $80M |
| Operating Expenses | $307M |
| Cost & Expenses | $946M |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $385M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276M |
| D&A | $80M |
| EBIT | $477M |
| EBITDA | $557M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $639M |
| GROSS PROFIT | $741M |
| R&D Expenses | $29M |
| Selling & Marketing | $115M |
| General & Administrative | $83M |
| SG&A Expenses | $198M |
| Other Expenses | $80M |
| Operating Expenses | $307M |
| Cost & Expenses | $946M |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $385M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276M |
| D&A | $80M |
| EBIT | $477M |
| EBITDA | $557M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $276M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | $86M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $521M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | -$248.0K |
| Purchases of Investments | -$310M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$397M |
| Net Debt Issuance | $227M |
| Common Stock Repurchased | -$212M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $434M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $225M |
| Inventory | $22M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $497M |
| PP&E (Net) | $1.4B |
| Goodwill | $2.3B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $1.0B |
| Tax Assets | $777M |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $737M |
| Short-Term Debt | $4M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $178M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $6.7B |
| Net Debt | $6.7B |
