| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $558M | $498M | $537M | 12.1% | 4.0% |
| Op. Income | $154M | $119M | $152M | 29.6% | 1.5% |
| Gross Margin | 58.9% | 57.6% | 58.9% | 1.3pp | -0.1pp |
| Net Margin | 23.6% | 21.2% | 23.9% | 2.4pp | -0.3pp |
| EPS (Diluted) | $1.63 | $1.31 | $1.57 | 24.4% | 3.8% |
| Free Cash Flow | $154M | $156M | $132M | -1.3% | 17.0% |
| Item | Amount |
|---|---|
| REVENUE | $558M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $329M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $12M |
| Operating Expenses | $175M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $154M |
| Interest Income | $8M |
| Interest Expense | $14M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $29M |
| EBIT | $162M |
| EBITDA | $192M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $558M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $329M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $12M |
| Operating Expenses | $175M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $154M |
| Interest Income | $8M |
| Interest Expense | $14M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $29M |
| EBIT | $162M |
| EBITDA | $192M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$960.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$731M |
| Sales/Maturities of Investments | $557M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$197M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $154M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $567M |
| Short-Term Investments | $2.6B |
| Net Receivables | $463M |
| Inventory | $287M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $339M |
| Goodwill | $357M |
| Intangible Assets | $219M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $71M |
| Short-Term Debt | $225M |
| Deferred Revenue | $209M |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $653M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.9B |
| Net Debt | $1.3B |
