| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.8B | $8.4B | $8.3B | 4.8% | 5.7% |
| Op. Income | $1.0B | $901M | $985M | 14.0% | 4.3% |
| Gross Margin | 29.8% | 28.5% | 29.5% | 1.3pp | 0.3pp |
| Net Margin | 7.3% | 6.6% | 6.6% | 0.7pp | 0.7pp |
| EPS (Diluted) | $0.50 | $0.43 | $0.42 | 16.3% | 19.0% |
| Free Cash Flow | $506M | $406M | $671M | 24.5% | -24.6% |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $8M |
| Interest Expense | $16M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $379M |
| Net Income from Continuing Ops | $641M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $641M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $641M |
| D&A | $184M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $8M |
| Interest Expense | $16M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $379M |
| Net Income from Continuing Ops | $641M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $641M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $641M |
| D&A | $184M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $642M |
| Depreciation & Amortization | $184M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $826M |
| Capital Expenditure | -$321M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$204M |
| Sales/Maturities of Investments | $178M |
| Other Investing Activities | $29.0K |
| NET CASH FROM INVESTING | -$347M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$354M |
| Common Dividends Paid | -$197M |
| Other Financing Activities | -$711.0K |
| NET CASH FROM FINANCING | -$524M |
| FREE CASH FLOW | $506M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $512M |
| Net Receivables | $366M |
| Inventory | $4.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $4.9B |
| Goodwill | $196M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $426M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $3.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $374M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $632M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$603M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $2.2B |
| Net Debt | -$134M |
