Moreover, Amdocs was selected to support the digital business of certain areas of India's entertainment platform, Eros Now. Management is optimistic about the 12-month backlog that reached $3.39 billion at the end of the quarter, increasing $20 million sequentially. The company continued to aid digital, media and network transformations of its clients, which improved its revenue growth rate. Margins and Operating Metrics The company incurred non-GAAP operating expenses of $842 million, up 2.6% from the year-ago quarter. Non-GAAP operating income increased 3.5% to $177.8 million. Operating margin of 17.4% for the quarter expanded 10 basis points year over year. Balance Sheet & Cash Flow As of Mar 31, 2018, Amdocs had cash, cash equivalents and short-term interest-bearing investments of $449.7 million compared with $458.7 million recorded in the prior quarter. During the fiscal second quarter, the company repurchased shares worth $120 million.