| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $690M | $647M | $613M | 6.6% | 12.6% |
| Op. Income | $248M | $184M | $174M | 34.8% | 42.5% |
| Gross Margin | 94.6% | 92.4% | 90.7% | 2.2pp | 3.9pp |
| Net Margin | 24.3% | 21.5% | 18.6% | 2.9pp | 5.8pp |
| EPS (Diluted) | $0.73 | $0.61 | $0.44 | 19.7% | 65.9% |
| Free Cash Flow | $151M | $330M | -$56M | -54.2% | 369.6% |
| Item | Amount |
|---|---|
| REVENUE | $690M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $653M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $252M |
| SG&A Expenses | $258M |
| Other Expenses | $147M |
| Operating Expenses | $405M |
| Cost & Expenses | $442M |
| OPERATING INCOME | $248M |
| Interest Income | $558M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $47M |
| EBIT | $248M |
| EBITDA | $295M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $690M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $653M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $252M |
| SG&A Expenses | $258M |
| Other Expenses | $147M |
| Operating Expenses | $405M |
| Cost & Expenses | $442M |
| OPERATING INCOME | $248M |
| Interest Income | $558M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $47M |
| EBIT | $248M |
| EBITDA | $295M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $195M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$448M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$916M |
| NET CASH FROM INVESTING | -$173M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$196M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $15.3B |
| Net Receivables | $387M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.0B |
| Intangible Assets | $5M |
| Long-Term Investments | $44.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $48.1B |
| TOTAL ASSETS | $65.4B |
| Account Payables | $0 |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52.4B |
| TOTAL CURRENT LIABILITIES | $56.7B |
| Long-Term Debt | $382M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $594M |
| TOTAL NON-CURRENT LIABILITIES | $977M |
| TOTAL LIABILITIES | $57.7B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $65.4B |
| Total Debt | $4.7B |
| Net Debt | $3.1B |
