| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $144M | $199M | 46.8% | 6.5% |
| Op. Income | $120M | $83M | $137M | 44.5% | -12.4% |
| Gross Margin | 76.9% | 80.5% | 76.9% | -3.6pp | 0.0pp |
| Net Margin | 55.7% | 51.8% | 66.3% | 3.9pp | -10.7pp |
| EPS (Diluted) | $0.28 | $0.24 | $0.42 | 16.7% | -33.3% |
| Free Cash Flow | -$2.3B | $0 | $79M | — | -3057.7% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $6M |
| Operating Expenses | $43M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $120M |
| Interest Income | $231M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $0 |
| EBIT | $120M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $6M |
| Operating Expenses | $43M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $120M |
| Interest Income | $231M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $0 |
| EBIT | $120M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $118M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.4B |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$2.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$898M |
| Sales/Maturities of Investments | $897M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $710M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$156M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | -$2.3B |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $203M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $455M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$11.4B |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $245M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$370M |
| TOTAL CURRENT LIABILITIES | $370M |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$140M |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $4.6B |
| Net Debt | $4.3B |
