| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.6B | — | 0.1% | — |
| Op. Income | $428M | $2.4B | — | -82.4% | — |
| Gross Margin | 82.6% | 82.0% | — | 0.6pp | — |
| Net Margin | 11.3% | 47.1% | — | -35.7pp | — |
| EPS (Diluted) | $0.17 | $0.71 | — | -76.1% | — |
| Free Cash Flow | $171M | $716M | — | -76.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $632M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $189M |
| General & Administrative | $384M |
| SG&A Expenses | $573M |
| Other Expenses | $2.0B |
| Operating Expenses | $2.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $428M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $422M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $412M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $120M |
| EBIT | $553M |
| EBITDA | $673M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $632M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $189M |
| General & Administrative | $384M |
| SG&A Expenses | $573M |
| Other Expenses | $2.0B |
| Operating Expenses | $2.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $428M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $422M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $412M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $120M |
| EBIT | $553M |
| EBITDA | $673M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $412M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$574M |
| Other Non-Cash Items | $858M |
| Change in Working Capital | -$568M |
| OPERATING CASH FLOW | $303M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | -$9.1B |
| Purchases of Investments | -$9.4B |
| Sales/Maturities of Investments | $10.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$335M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$10.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $2.9B |
| Net Receivables | $2.6B |
| Inventory | $0 |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $2.1B |
| Goodwill | $15.0B |
| Intangible Assets | $27.1B |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $49.5B |
| TOTAL ASSETS | $63.9B |
| Account Payables | $115M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $15.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.0B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $23.3B |
| TOTAL LIABILITIES | $31.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $17.5B |
| Retained Earnings | $10.3B |
| Treasury Stock | -$170M |
| Accum. Other Comp. Income | -$543M |
| Other Equity | -$25M |
| TOTAL STOCKHOLDERS' EQUITY | $32.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.8B |
| TOTAL LIABILITIES & EQUITY | $63.9B |
| Total Debt | $15.9B |
| Net Debt | $10.0B |
