| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $662M | $614M | $610M | 7.8% | 8.6% |
| Op. Income | $63M | $57M | $41M | 10.6% | 54.6% |
| Gross Margin | 52.3% | 53.2% | 51.8% | -0.9pp | 0.6pp |
| Net Margin | 7.5% | 8.2% | 5.9% | -0.7pp | 1.7pp |
| EPS (Diluted) | $0.19 | $0.20 | $0.14 | -5.0% | 35.7% |
| Free Cash Flow | $136M | $97M | $72M | 39.8% | 88.8% |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $347M |
| R&D Expenses | $91M |
| Selling & Marketing | $100M |
| General & Administrative | $75M |
| SG&A Expenses | $176M |
| Other Expenses | $1M |
| Operating Expenses | $282M |
| Cost & Expenses | $597M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $45M |
| EBIT | $70M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $347M |
| R&D Expenses | $91M |
| Selling & Marketing | $100M |
| General & Administrative | $75M |
| SG&A Expenses | $176M |
| Other Expenses | $1M |
| Operating Expenses | $282M |
| Cost & Expenses | $597M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $45M |
| EBIT | $70M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$400.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $146M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385M |
| Short-Term Investments | $101M |
| Net Receivables | $422M |
| Inventory | $223M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $146M |
| Goodwill | $2.2B |
| Intangible Assets | $364M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $162M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $137M |
| Short-Term Debt | $147M |
| Deferred Revenue | $302M |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $827M |
| Long-Term Debt | $465M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $694M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$160M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | -$100.0K |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $612M |
| Net Debt | $227M |
