| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $670M | $662M | $584M | 1.2% | 14.7% |
| Op. Income | $64M | $63M | $55M | 2.2% | 15.7% |
| Gross Margin | 52.2% | 52.3% | 52.9% | -0.2pp | -0.7pp |
| Net Margin | 8.3% | 7.5% | 6.7% | 0.8pp | 1.6pp |
| EPS (Diluted) | $0.22 | $0.19 | $0.15 | 15.8% | 46.7% |
| Free Cash Flow | $51M | $136M | $82M | -62.8% | -38.2% |
| Item | Amount |
|---|---|
| REVENUE | $670M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $350M |
| R&D Expenses | $93M |
| Selling & Marketing | $101M |
| General & Administrative | $74M |
| SG&A Expenses | $175M |
| Other Expenses | $2M |
| Operating Expenses | $284M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $64M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $49M |
| EBIT | $78M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $670M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $350M |
| R&D Expenses | $93M |
| Selling & Marketing | $101M |
| General & Administrative | $74M |
| SG&A Expenses | $175M |
| Other Expenses | $2M |
| Operating Expenses | $284M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $64M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $49M |
| EBIT | $78M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$157M |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | $83M |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $154M |
| Net Receivables | $443M |
| Inventory | $255M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $161M |
| Goodwill | $2.3B |
| Intangible Assets | $406M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $146M |
| Short-Term Debt | $135M |
| Deferred Revenue | $285M |
| Other Current Liabilities | $224M |
| TOTAL CURRENT LIABILITIES | $808M |
| Long-Term Debt | $560M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $815M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | -$100.0K |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $696M |
| Net Debt | $441M |
