Revenue: $965.0M, YoY +2.33%, QoQ -0.21%
Gross Profit: $775.0M, Gross Margin ~80.3%
Operating Income: $416.0M, Margin ~43.1%
EBITDA: $465.0M, EBITDA Margin ~48.2%
Net Income: $181.0M, Net Margin ~18.76%
EPS (GAAP): $0.29, Diluted: $0.29
Cash Flow: Operating cash flow $264.0M; Free cash flow $262.0M; Capital expenditure $2.0M
Liquidity: Cash $644.0M; Total debt $8.576B; Net debt $7.932B; Current ratio ~0.30; Quick ratio ~0.30
Shareholder Value: Dividends paid $82.0M; Share repurchases $272.0M; Net cash used in financing activities $466.0M; Cash balance declined from $846.0M to $644.0M QoQ
Balance Sheet: Total assets $15.428B; Total liabilities $13.458B; Total stockholders’ equity $1.970B; Goodwill $10.205B; Intangible assets $2.538B; Total intangible/goodwill ~$12.742B
Valuation: Price-to-sales ~16.1x; Price-to-earnings ~21.4x; Price-to-Book ~7.87x; Dividend yield ~0.53%
Leverage: Debt ratio ~0.56; Debt-to-equity ~4.35x; Long-term debt to capitalization ~0.785; Total debt to capitalization ~0.813; Interest coverage ~2.72x