| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.2B | — | -3.3% |
| Op. Income | $302M | — | $369M | — | -18.2% |
| Gross Margin | 41.7% | — | 41.9% | — | -0.1pp |
| Net Margin | 13.7% | — | 16.9% | — | -3.2pp |
| EPS (Diluted) | $2.73 | — | $3.38 | — | -19.2% |
| Free Cash Flow | -$305M | — | -$298M | — | -2.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $701M |
| GROSS PROFIT | $502M |
| R&D Expenses | $12M |
| Selling & Marketing | $56M |
| General & Administrative | $108M |
| SG&A Expenses | $164M |
| Other Expenses | $600.0K |
| Operating Expenses | $198M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $302M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $11M |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $20M |
| EBIT | $261M |
| EBITDA | $297M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $701M |
| GROSS PROFIT | $502M |
| R&D Expenses | $12M |
| Selling & Marketing | $56M |
| General & Administrative | $108M |
| SG&A Expenses | $164M |
| Other Expenses | $600.0K |
| Operating Expenses | $198M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $302M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $11M |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $20M |
| EBIT | $261M |
| EBITDA | $297M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$511M |
| OPERATING CASH FLOW | -$288M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $366M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $285M |
| FREE CASH FLOW | -$305M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $659M |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $461M |
| Goodwill | $402M |
| Intangible Assets | $786M |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $323M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $390M |
| TOTAL CURRENT LIABILITIES | $745M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $347M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $400M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $921M |
| Treasury Stock | -$528M |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $691M |
| Minority Interest | $13M |
| TOTAL EQUITY | $704M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
