| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $618M | $613M | $459M | 0.9% | 34.7% |
| Op. Income | $159M | $174M | $138M | -8.2% | 15.6% |
| Gross Margin | 31.3% | 34.7% | 36.2% | -3.4pp | -4.9pp |
| Net Margin | 25.0% | 35.5% | 22.8% | -10.5pp | 2.2pp |
| EPS (Diluted) | $0.20 | $0.30 | $0.15 | -35.3% | 34.0% |
| Free Cash Flow | $133M | $216M | $150M | -38.2% | -11.0% |
| Item | Amount |
|---|---|
| REVENUE | $618M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | -$2M |
| Operating Expenses | $34M |
| Cost & Expenses | $459M |
| OPERATING INCOME | $159M |
| Interest Income | $18M |
| Interest Expense | $584 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $618M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | -$2M |
| Operating Expenses | $34M |
| Cost & Expenses | $459M |
| OPERATING INCOME | $159M |
| Interest Income | $18M |
| Interest Expense | $584 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$335M |
| NET CASH FROM INVESTING | -$335M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $202M |
| NET CASH FROM FINANCING | $202M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $916M |
| Short-Term Investments | $1.7B |
| Net Receivables | $125M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $1.2B |
| Goodwill | $619M |
| Intangible Assets | $292M |
| Long-Term Investments | $250M |
| Tax Assets | $42M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $122M |
| Short-Term Debt | $0 |
| Deferred Revenue | $60M |
| Other Current Liabilities | $333M |
| TOTAL CURRENT LIABILITIES | $573M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $608M |
| Common Stock | $76.4K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$199M |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $5M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $0 |
| Net Debt | -$916M |
