| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.5B | $3.6B | 0.4% | 23.5% |
| Op. Income | $2.8B | $3.1B | $2.4B | -9.4% | 15.4% |
| Gross Margin | 80.9% | 83.9% | 82.0% | -3.0pp | -1.0pp |
| Net Margin | 9.6% | 46.4% | 47.1% | -36.8pp | -37.5pp |
| EPS (Diluted) | $0.18 | $0.86 | $0.71 | -79.1% | -74.6% |
| Free Cash Flow | $250M | $2.3B | $716M | -89.3% | -65.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $854M |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $193M |
| General & Administrative | $489M |
| SG&A Expenses | $682M |
| Other Expenses | $133M |
| Operating Expenses | $815M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $135M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $430M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $430M |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $430M |
| D&A | $131M |
| EBIT | $2.8B |
| EBITDA | $3.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $854M |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $193M |
| General & Administrative | $489M |
| SG&A Expenses | $682M |
| Other Expenses | $133M |
| Operating Expenses | $815M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $135M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $430M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $430M |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $430M |
| D&A | $131M |
| EBIT | $2.8B |
| EBITDA | $3.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $430M |
| Depreciation & Amortization | $131M |
| Stock-Based Compensation | $71M |
| Deferred Income Tax | $1.6B |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$3.0B |
| OPERATING CASH FLOW | $396M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | $146M |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | -$448M |
| NET CASH FROM INVESTING | $2.7B |
| Net Debt Issuance | -$566M |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$396M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $250M |
| Net Change in Cash | $603M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $1.5B |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $15.5B |
| PP&E (Net) | $2.1B |
| Goodwill | $14.8B |
| Intangible Assets | $26.4B |
| Long-Term Investments | $2.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $47.7B |
| TOTAL ASSETS | $63.2B |
| Account Payables | $120M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.7B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $22.2B |
| TOTAL LIABILITIES | $32.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $17.1B |
| Retained Earnings | $9.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$980M |
| Other Equity | -$77M |
| TOTAL STOCKHOLDERS' EQUITY | $30.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $30.8B |
| TOTAL LIABILITIES & EQUITY | $63.2B |
| Total Debt | $15.9B |
| Net Debt | $9.5B |
