| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | $2.8B | 0.6% | 2.2% |
| Op. Income | $362M | $330M | $340M | 9.5% | 6.3% |
| Gross Margin | 29.2% | 28.8% | 28.7% | 0.4pp | 0.5pp |
| Net Margin | 8.7% | 8.2% | 8.6% | 0.5pp | 0.1pp |
| EPS (Diluted) | $1.07 | $0.20 | $1.00 | 435.0% | 7.0% |
| Free Cash Flow | $314M | $281M | $244M | 11.7% | 28.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $824M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $218M |
| SG&A Expenses | $218M |
| Other Expenses | $244M |
| Operating Expenses | $462M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $362M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $362M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $27M |
| EBIT | $402M |
| EBITDA | $428M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $824M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $218M |
| SG&A Expenses | $218M |
| Other Expenses | $244M |
| Operating Expenses | $462M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $362M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $362M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $27M |
| EBIT | $402M |
| EBITDA | $428M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $245M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$120M |
| Change in Working Capital | $182M |
| OPERATING CASH FLOW | $334M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $896M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$152M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$172M |
| FREE CASH FLOW | $314M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $46.2B |
| Net Receivables | $6.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $52.8B |
| PP&E (Net) | $497M |
| Goodwill | $337M |
| Intangible Assets | $2.1B |
| Long-Term Investments | $46.2B |
| Tax Assets | $247M |
| Other Non-Current Assets | -$47.1B |
| TOTAL NON-CURRENT ASSETS | $247M |
| TOTAL ASSETS | $63.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | -$247M |
| Deferred Tax Liabilities | $247M |
| Other Non-Current Liabilities | $50.8B |
| TOTAL NON-CURRENT LIABILITIES | $54.1B |
| TOTAL LIABILITIES | $54.1B |
| Common Stock | $30M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $9.1B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | $105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $63.4B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
