| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $883M | — | $739M | — | 19.5% |
| Op. Income | $452M | — | $361M | — | 25.1% |
| Gross Margin | 91.2% | — | 93.1% | — | -1.9pp |
| Net Margin | 36.9% | — | 35.2% | — | 1.7pp |
| EPS (Diluted) | $3.10 | — | $2.50 | — | 24.0% |
| Free Cash Flow | $375M | — | $270M | — | 38.8% |
| Item | Amount |
|---|---|
| REVENUE | $883M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $805M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $214M |
| SG&A Expenses | $218M |
| Other Expenses | $135M |
| Operating Expenses | $353M |
| Cost & Expenses | $431M |
| OPERATING INCOME | $452M |
| Interest Income | $846M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $452M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $325M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $325M |
| D&A | $13M |
| EBIT | $452M |
| EBITDA | $465M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $883M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $805M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $214M |
| SG&A Expenses | $218M |
| Other Expenses | $135M |
| Operating Expenses | $353M |
| Cost & Expenses | $431M |
| OPERATING INCOME | $452M |
| Interest Income | $846M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $452M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $325M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $325M |
| D&A | $13M |
| EBIT | $452M |
| EBITDA | $465M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $325M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $88M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | $384M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $548M |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | $294M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.4B |
| NET CASH FROM FINANCING | $2.7B |
| FREE CASH FLOW | $375M |
| Net Change in Cash | $132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $417M |
| Short-Term Investments | $3.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $119M |
| Goodwill | $290M |
| Intangible Assets | $11M |
| Long-Term Investments | $15.7B |
| Tax Assets | $6M |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $20.3B |
| Account Payables | $0 |
| Short-Term Debt | $416M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.0B |
| TOTAL CURRENT LIABILITIES | $17.4B |
| Long-Term Debt | $377M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $334M |
| TOTAL NON-CURRENT LIABILITIES | $711M |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $848M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $20.3B |
| Total Debt | $793M |
| Net Debt | $376M |