| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.7B | $3.1B | 15.9% | 2.3% |
| Op. Income | $705M | $458M | $551M | 53.9% | 27.9% |
| Gross Margin | 72.3% | 74.3% | 70.9% | -2.0pp | 1.4pp |
| Net Margin | 7.6% | 11.2% | 13.9% | -3.7pp | -6.4pp |
| EPS (Diluted) | $0.15 | $0.19 | $0.27 | -22.1% | -44.7% |
| Free Cash Flow | $389M | $340M | $409M | 14.4% | -4.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $868M |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $485M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $964M |
| Other Expenses | $107M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $705M |
| Interest Income | $34M |
| Interest Expense | $140M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $237M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $240M |
| EBIT | $438M |
| EBITDA | $678M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $868M |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $485M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $964M |
| Other Expenses | $107M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $705M |
| Interest Income | $34M |
| Interest Expense | $140M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $237M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $240M |
| EBIT | $438M |
| EBITDA | $678M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $237M |
| Depreciation & Amortization | $240M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $61M |
| Other Non-Cash Items | $209M |
| Change in Working Capital | -$198M |
| OPERATING CASH FLOW | $584M |
| Capital Expenditure | -$195M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$9.9B |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$10.1B |
| Net Debt Issuance | $9.9B |
| Common Stock Repurchased | -$37.6K |
| Common Dividends Paid | -$403M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | $9.5B |
| FREE CASH FLOW | $389M |
| Net Change in Cash | -$120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $9.8B |
| Net Receivables | $3.2B |
| Inventory | $1.4B |
| Other Current Assets | $418M |
| TOTAL CURRENT ASSETS | $16.7B |
| PP&E (Net) | $3.8B |
| Goodwill | $6.6B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $1.8B |
| Tax Assets | $310M |
| Other Non-Current Assets | $559M |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $36.1B |
| Account Payables | $1.6B |
| Short-Term Debt | $756M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $15.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $662M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $23.3B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $546M |
| Retained Earnings | $10.1B |
| Treasury Stock | -$358M |
| Accum. Other Comp. Income | $2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.8B |
| Minority Interest | $24M |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $36.1B |
| Total Debt | $16.0B |
| Net Debt | $14.1B |
