| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $1.2B | -14.2% | -12.5% |
| Op. Income | $83M | $111M | $124M | -25.5% | -33.4% |
| Gross Margin | 20.1% | 21.8% | 23.5% | -1.8pp | -3.4pp |
| Net Margin | 1.0% | 6.2% | 7.1% | -5.2pp | -6.1pp |
| EPS (Diluted) | $0.26 | $1.83 | $2.06 | -85.8% | -87.4% |
| Free Cash Flow | $280M | $191M | $322M | 46.5% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $868M |
| GROSS PROFIT | $218M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $135M |
| Operating Expenses | $135M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | -$48M |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $8M |
| EBIT | $94M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $868M |
| GROSS PROFIT | $218M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $135M |
| Operating Expenses | $135M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | -$48M |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $8M |
| EBIT | $94M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $250M |
| OPERATING CASH FLOW | $282M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$655M |
| Sales/Maturities of Investments | $313M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$353M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $280M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $7.9B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | -$12.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $185M |
| Intangible Assets | $0 |
| Long-Term Investments | $8.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $15.4B |
| Account Payables | $367M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $367M |
| Long-Term Debt | $787M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.6B |
| TOTAL NON-CURRENT LIABILITIES | $12.4B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$946M |
| Accum. Other Comp. Income | $114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $787M |
| Net Debt | $560M |
