| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $994M | -10.4% | 8.4% |
| Op. Income | $246M | $302M | $217M | -18.6% | 13.2% |
| Gross Margin | 38.5% | 41.7% | 36.0% | -3.2pp | 2.6pp |
| Net Margin | 14.1% | 13.7% | 21.4% | 0.4pp | -7.3pp |
| EPS (Diluted) | $2.53 | $2.73 | $3.44 | -7.3% | -26.5% |
| Free Cash Flow | $571M | -$305M | $588M | 287.4% | -2.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $415M |
| R&D Expenses | $13M |
| Selling & Marketing | $42M |
| General & Administrative | $96M |
| SG&A Expenses | $138M |
| Other Expenses | $7M |
| Operating Expenses | $172M |
| Cost & Expenses | $835M |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $231M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $20M |
| EBIT | $243M |
| EBITDA | $272M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $415M |
| R&D Expenses | $13M |
| Selling & Marketing | $42M |
| General & Administrative | $96M |
| SG&A Expenses | $138M |
| Other Expenses | $7M |
| Operating Expenses | $172M |
| Cost & Expenses | $835M |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $231M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $20M |
| EBIT | $243M |
| EBITDA | $272M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $412M |
| OPERATING CASH FLOW | $580M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$408M |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$519M |
| FREE CASH FLOW | $571M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $752M |
| Inventory | $467M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $461M |
| Goodwill | $409M |
| Intangible Assets | $807M |
| Long-Term Investments | $66M |
| Tax Assets | $0 |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $224M |
| Short-Term Debt | $289M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $327M |
| TOTAL CURRENT LIABILITIES | $841M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $344M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $406M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | -$610M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $743M |
| Minority Interest | $13M |
| TOTAL EQUITY | $756M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
