| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $613M | $592M | — | 3.5% | — |
| Op. Income | $174M | $132M | — | 31.8% | — |
| Gross Margin | 90.7% | 89.2% | — | 1.5pp | — |
| Net Margin | 18.6% | 15.4% | — | 3.2pp | — |
| EPS (Diluted) | $0.44 | $0.38 | — | 15.8% | — |
| Free Cash Flow | -$56M | $167M | — | -133.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $556M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $251M |
| SG&A Expenses | $256M |
| Other Expenses | $126M |
| Operating Expenses | $382M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $174M |
| Interest Income | $487M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $29M |
| EBIT | $174M |
| EBITDA | $203M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $556M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $251M |
| SG&A Expenses | $256M |
| Other Expenses | $126M |
| Operating Expenses | $382M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $174M |
| Interest Income | $487M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $29M |
| EBIT | $174M |
| EBITDA | $203M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$169M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | -$131M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $407M |
| NET CASH FROM FINANCING | $189M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $9.5B |
| Net Receivables | $426M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.6B |
| PP&E (Net) | $956M |
| Goodwill | $1.0B |
| Intangible Assets | $12M |
| Long-Term Investments | $43.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $47.0B |
| TOTAL ASSETS | $59.6B |
| Account Payables | $0 |
| Short-Term Debt | $270M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50.3B |
| TOTAL CURRENT LIABILITIES | $50.5B |
| Long-Term Debt | $698M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $777M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $52.0B |
| Common Stock | $4.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.6B |
| TOTAL LIABILITIES & EQUITY | $59.6B |
| Total Debt | $969M |
| Net Debt | -$1.7B |
