| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $636M | $613M | — | 3.8% | — |
| Op. Income | $192M | $174M | — | 10.3% | — |
| Gross Margin | 93.6% | 90.7% | — | 2.9pp | — |
| Net Margin | 20.0% | 18.6% | — | 1.4pp | — |
| EPS (Diluted) | $0.57 | $0.44 | — | 29.5% | — |
| Free Cash Flow | $162M | -$56M | — | 389.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $595M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $254M |
| SG&A Expenses | $260M |
| Other Expenses | $143M |
| Operating Expenses | $403M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $192M |
| Interest Income | $491M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $34M |
| EBIT | $192M |
| EBITDA | $226M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $595M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $254M |
| SG&A Expenses | $260M |
| Other Expenses | $143M |
| Operating Expenses | $403M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $192M |
| Interest Income | $491M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $34M |
| EBIT | $192M |
| EBITDA | $226M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $213M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $717M |
| Other Investing Activities | -$50M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $716M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $576M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $162M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $10.4B |
| Net Receivables | $439M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.8B |
| PP&E (Net) | $987M |
| Goodwill | $1.0B |
| Intangible Assets | $10M |
| Long-Term Investments | $43.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $48.2B |
| TOTAL ASSETS | $61.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50.8B |
| TOTAL CURRENT LIABILITIES | $52.0B |
| Long-Term Debt | $570M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $825M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $53.4B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $61.0B |
| Total Debt | $1.7B |
| Net Debt | -$356M |