2017 Q3 Form 10-Q Financial Statement

#000110852417000020 Filed on August 25, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3 2016 Q2
Revenue $2.562B $2.037B $1.917B
YoY Change 25.78% 24.59% 26.83%
Cost Of Revenue $670.0M $525.6M $497.0M
YoY Change 27.48% 29.65% 30.17%
Gross Profit $1.907B $1.511B $1.420B
YoY Change 26.2% 22.92% 25.7%
Gross Profit Margin 74.45% 74.19% 74.07%
Selling, General & Admin $1.436B $1.187B $1.107B
YoY Change 20.98% 21.69% 21.25%
% of Gross Profit 75.3% 78.55% 77.95%
Research & Development $387.0M $291.5M $261.0M
YoY Change 32.76% 24.52% 17.49%
% of Gross Profit 20.29% 19.29% 18.38%
Depreciation & Amortization $192.0M $149.3M $132.8M
YoY Change 28.6% 13.36% 3.83%
% of Gross Profit 10.07% 9.88% 9.35%
Operating Expenses $1.823B $1.478B $1.368B
YoY Change 23.3% 22.24% 24.53%
Operating Profit $84.00M $32.55M $51.99M
YoY Change 158.06% 64.2% 67.13%
Interest Expense $22.00M $20.71M $22.01M
YoY Change 6.24% 14.43% 32.0%
% of Operating Profit 26.19% 63.62% 42.34%
Other Income/Expense, Net $0.00 $524.0K -$13.81M
YoY Change -100.0% -73.09% 19.02%
Pretax Income $63.00M $24.28M $37.16M
YoY Change 159.44% 248.99% 105.58%
Income Tax $17.00M -$205.3M -$1.604M
% Of Pretax Income 26.98% -845.61% -4.32%
Net Earnings $46.00M $229.6M $38.76M
YoY Change -79.97% -27050.94% 847.19%
Net Earnings / Revenue 1.8% 11.27% 2.02%
Basic Earnings Per Share $0.06 $0.34 $0.06
Diluted Earnings Per Share $0.06 $0.33 $0.06
COMMON SHARES
Basic Shares Outstanding 712.0M shares 681.1M shares 688.0M shares
Diluted Shares Outstanding 729.0M shares 696.0M shares 700.0M shares

Balance Sheet

Concept 2017 Q3 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.501B $1.174B $2.031B
YoY Change 198.15% 0.33% 99.33%
Cash & Equivalents $1.949B $1.115B $1.799B
Short-Term Investments $1.552B $59.06M $232.1M
Other Short-Term Assets $705.0M $752.0M $523.0M
YoY Change -6.25% 15.69% -17.51%
Inventory
Prepaid Expenses $326.6M $266.6M $254.2M
Receivables $1.569B $1.323B $1.193B
Other Receivables $37.00M $29.00M $28.00M
Total Short-Term Assets $5.811B $3.278B $3.775B
YoY Change 77.28% 12.38% 44.91%
LONG-TERM ASSETS
Property, Plant & Equipment $1.867B $1.728B $1.711B
YoY Change 8.0% 0.18% -1.47%
Goodwill $7.294B $6.030B $4.130B
YoY Change 20.97% 58.5% 8.92%
Intangibles $965.9M
YoY Change
Long-Term Investments $658.0M $1.094B $2.205B
YoY Change -39.85% -20.38% 80.44%
Other Assets $458.0M $1.456B $409.2M
YoY Change -68.54% 250.43% -45.76%
Total Long-Term Assets $11.61B $11.10B $9.043B
YoY Change 4.54% 40.96% 16.52%
TOTAL ASSETS
Total Short-Term Assets $5.811B $3.278B $3.775B
Total Long-Term Assets $11.61B $11.10B $9.043B
Total Assets $17.42B $14.38B $12.82B
YoY Change 21.12% 33.23% 23.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $148.3M $101.4M $54.58M
YoY Change 46.23% 2.13% -9.37%
Accrued Expenses $1.282B $1.318B $1.013B
YoY Change -2.73% 34.63% 18.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.269B $19.00M $18.00M
YoY Change 6578.95% 137.5%
Total Short-Term Liabilities $7.526B $5.376B $5.085B
YoY Change 39.99% 30.71% 28.38%
LONG-TERM LIABILITIES
Long-Term Debt $1.330B $2.496B $2.047B
YoY Change -46.71% 23.93% 0.39%
Other Long-Term Liabilities $727.9M $1.060B $839.7M
YoY Change -31.35% 25.71% -3.49%
Total Long-Term Liabilities $727.9M $1.060B $839.7M
YoY Change -31.35% 25.71% -3.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.526B $5.376B $5.085B
Total Long-Term Liabilities $727.9M $1.060B $839.7M
Total Liabilities $8.950B $8.249B $7.233B
YoY Change 8.5% 31.81% 17.98%
SHAREHOLDERS EQUITY
Retained Earnings -$456.4M -$376.2M -$605.8M
YoY Change 21.33% -37.58% 0.67%
Common Stock $8.890B $6.520B $6.219B
YoY Change 36.35% 26.2% 27.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.219B $6.133B $5.584B
YoY Change
Total Liabilities & Shareholders Equity $17.42B $14.38B $12.82B
YoY Change 21.12% 33.23% 23.65%

Cashflow Statement

Concept 2017 Q3 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $46.00M $229.6M $38.76M
YoY Change -79.97% -27050.94% 847.19%
Depreciation, Depletion And Amortization $192.0M $149.3M $132.8M
YoY Change 28.6% 13.36% 3.83%
Cash From Operating Activities $331.0M $250.7M $1.051B
YoY Change 32.04% -17.62% 42.99%
INVESTING ACTIVITIES
Capital Expenditures $128.0M $96.03M $83.30M
YoY Change 33.29% 48.0% 17.18%
Acquisitions $0.00 $2.798B $1.799M
YoY Change -100.0% 15065.54% -85.57%
Other Investing Activities -$396.0M -$1.446B -$367.0M
YoY Change -72.62% 756.36% 824.43%
Cash From Investing Activities -$524.0M -$1.542B -$450.3M
YoY Change -66.03% 559.79% -16.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $117.0M $616.6M $39.17M
YoY Change -81.03% 736.4% -124.21%
NET CHANGE
Cash From Operating Activities $331.0M $250.7M $1.051B
Cash From Investing Activities -$524.0M -$1.542B -$450.3M
Cash From Financing Activities $117.0M $616.6M $39.17M
Net Change In Cash -$76.00M -$675.1M $640.0M
YoY Change -88.74% -568.1% 1622.72%
FREE CASH FLOW
Cash From Operating Activities $331.0M $250.7M $1.051B
Capital Expenditures $128.0M $96.03M $83.30M
Free Cash Flow $203.0M $154.6M $967.8M
YoY Change 31.27% -35.4% 45.75%

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36980000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-8362000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
62968000 USD
CY2016Q3 us-gaap Other Cost Of Services
OtherCostOfServices
149123000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
295003000 USD
CY2017Q3 us-gaap Other Cost Of Services
OtherCostOfServices
176788000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
364422000 USD
CY2016Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
80100000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
155700000 USD
CY2017Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
94900000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
183000000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
780939000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
727882000 USD
CY2017Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
566953000 USD
CY2017Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
657687000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
524000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13282000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7465000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4616000 USD
CY2016Q3 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
285795000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
875131000 USD
CY2017Q3 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
501333000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1199894000 USD
CY2016Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2798194000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2799993000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
19781000 USD
CY2016Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
96030000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
179331000 USD
CY2017Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128388000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
284990000 USD
us-gaap Payments To Suppliers
PaymentsToSuppliers
96000000 USD
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
279527000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
438246000 USD
CY2017Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
218418000 USD
CY2017Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
326581000 USD
CY2017Q1 us-gaap Prepaid Taxes
PrepaidTaxes
26932000 USD
CY2017Q3 us-gaap Prepaid Taxes
PrepaidTaxes
75031000 USD
CY2016Q3 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
495550000 USD
us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
495550000 USD
CY2017Q3 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
0 USD
us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
0 USD
CY2016Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
27253000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
50538000 USD
CY2017Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9420000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
13270000 USD
CY2016Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1610724000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1833658000 USD
CY2017Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
139628000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
243465000 USD
CY2016Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
133878000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
223019000 USD
CY2017Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
183009000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
342816000 USD
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2985884000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3230195000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1787534000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1866576000 USD
CY2017Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
108000000 USD
CY2017Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
126000000 USD
CY2016Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
12795000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
62763000 USD
CY2017Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
65731000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
75174000 USD
CY2016Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2017Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
200000000 USD
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
291506000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
552476000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
386447000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
762528000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-464910000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-456381000 USD
CY2016Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2036618000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3953221000 USD
CY2017Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2561589000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
4949168000 USD
CY2017Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
198268000 USD
CY2017Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
198403000 USD
CY2016Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
934931000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1830791000 USD
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1170749000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2280253000 USD
CY2016Q3 us-gaap Share Based Compensation
ShareBasedCompensation
182310000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
371229000 USD
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
256485000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
508054000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
75.86
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
85.96
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
24309030 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
16531822 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
51688419 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
56.48
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
124800000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
234600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
686925 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
624256 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
669906000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
30353076 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
25049183 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
59.88
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
64.06
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
346700000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
10102024 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
636380000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
23264036 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
63.45
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
41.31
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.00
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
71.54
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
84.36
CY2017Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
10102024 shares
CY2017Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
25049183 shares
CY2017Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
346679000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y3M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y
CY2017Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
56.48
CY2017Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
64.06
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y2M12D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5241224 shares
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
7500127000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
8451314000 USD
CY2017Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
239699000 USD
CY2017Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
196670000 USD
CY2016Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
150538000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
291648000 USD
CY2017Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
193090000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
379761000 USD
CY2017Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2017Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
17223000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
695968000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
691714000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
729386000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
726222000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
681126000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
678929000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
712039000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
709157000 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentrations of Credit Risk and Significant Customers</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities and accounts receivable. In addition, in connection with the Company's </font><font style="font-family:inherit;font-size:10pt;">0.25%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes (as defined in Note 8 "Debt"), the Company entered into convertible note hedge transactions with respect to its common stock which are exposed to concentrations of credit risk. Collateral is not required for accounts receivable or the note hedge transactions. The Company maintains an allowance for its doubtful accounts receivable. This allowance is based upon historical loss patterns, the number of days that billings are past due and an evaluation of the potential risk of loss associated with delinquent accounts. Receivables are written-off and charged against its recorded allowance when the Company has exhausted collection efforts without success.</font></div></div>
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year ends on January&#160;31. References to fiscal </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, for example, refer to the fiscal year ending </font><font style="font-family:inherit;font-size:10pt;">January&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications to fiscal 2017 balances were made to conform to the current period presentation in the consolidated balance sheets and consolidated statement of operations. These reclassifications include cost of revenues professional services and other, cost of revenues subscription and support, deferred revenue and deferred revenue, noncurrent. </font></div></div>
us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred Revenue</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deferred revenue balance does not represent the total contract value of annual or multi-year, non-cancelable subscription agreements. Deferred revenue primarily consists of billings or payments received in advance of revenue recognition from subscription services described above and is recognized as the revenue recognition criteria are met. The Company generally invoices customers in annual installments. The deferred revenue balance is influenced by several factors, including seasonality, the compounding effects of renewals, invoice duration, invoice timing, dollar size and new business linearity within the quarter.</font></div><div style="line-height:120%;padding-top:18px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions in the Company&#8217;s consolidated financial statements and notes thereto.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant estimates and assumptions made by management include the determination of:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the best estimate of selling price of the deliverables included in multiple deliverable revenue arrangements;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the fair value of assets acquired and liabilities assumed for business combinations;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the recognition, measurement and valuation of current and deferred income taxes;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the fair value of certain stock awards issued; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the useful lives of intangible assets, property and equipment and building and structural components; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the valuation of strategic investments and the determination of other-than-temporary impairments.</font></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actual results could differ materially from those estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable, the result of which forms the basis for making judgments about the carrying values of assets and liabilities. </font></div></div>

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