| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $592M | $760M | $714M | -22.1% | -17.1% |
| Op. Income | -$10M | $74M | $85M | -114.1% | -112.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -12.1% | 12.6% | 16.5% | -24.7pp | -28.6pp |
| EPS (Diluted) | $-1.41 | $1.40 | $1.75 | -200.7% | -180.6% |
| Free Cash Flow | $65M | $161M | $207M | -59.4% | -68.4% |
| Item | Amount |
|---|---|
| REVENUE | $592M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $592M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $129M |
| SG&A Expenses | $129M |
| Other Expenses | $466M |
| Operating Expenses | $595M |
| Cost & Expenses | $595M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $3M |
| EBIT | -$67M |
| EBITDA | -$63M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $68M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $989M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $331M |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $84M |
| Goodwill | $24M |
| Intangible Assets | $55M |
| Long-Term Investments | $7.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $345M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$345M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $664M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | -$670M |
| TOTAL NON-CURRENT LIABILITIES | $670M |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $1M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $664M |
| Net Debt | -$610M |
