| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.5B | — | 5.1% |
| Op. Income | $124M | — | $166M | — | -25.3% |
| Gross Margin | 95.4% | — | 95.2% | — | 0.2pp |
| Net Margin | -1.2% | — | 8.1% | — | -9.3pp |
| EPS (Diluted) | $-0.14 | — | $0.82 | — | -117.1% |
| Free Cash Flow | $174M | — | $249M | — | -30.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $72M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $243M |
| Selling & Marketing | $849M |
| General & Administrative | $400M |
| SG&A Expenses | $1.2B |
| Other Expenses | -$14M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $124M |
| Interest Income | $1M |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $129M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $111M |
| EBIT | $124M |
| EBITDA | $235M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $96M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $238M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $64M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $64M |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $673M |
| Short-Term Investments | $35M |
| Net Receivables | $260M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $993M |
| PP&E (Net) | $263M |
| Goodwill | $758M |
| Intangible Assets | $142M |
| Long-Term Investments | $27M |
| Tax Assets | $16M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $8M |
| Short-Term Debt | $7M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $232M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $230M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $209M |
| TOTAL NON-CURRENT LIABILITIES | $537M |
| TOTAL LIABILITIES | $909M |
| Common Stock | $0 |
| Additional Paid-In Capital | $926M |
| Retained Earnings | $926M |
| Treasury Stock | -$447M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $237M |
| Net Debt | -$436M |
