| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $300M | $212M | 3.7% | 46.7% |
| Op. Income | $247M | $237M | $120M | 4.2% | 105.8% |
| Gross Margin | 83.6% | 83.0% | 76.9% | 0.6pp | 6.7pp |
| Net Margin | 77.8% | 77.3% | 55.7% | 0.5pp | 22.2pp |
| EPS (Diluted) | $0.57 | $0.54 | $0.28 | 5.6% | 103.6% |
| Free Cash Flow | $100M | $152M | -$2.3B | -34.2% | 104.3% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$1M |
| Operating Expenses | $13M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $247M |
| Interest Income | $254M |
| Interest Expense | $51M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $242M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $0 |
| EBIT | $247M |
| EBITDA | $247M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$1M |
| Operating Expenses | $13M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $247M |
| Interest Income | $254M |
| Interest Expense | $51M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $242M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $0 |
| EBIT | $247M |
| EBITDA | $247M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $242M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$121M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$209M |
| Net Debt Issuance | $266M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$162M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $302M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $401M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $12.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$12.2B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$173M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $85M |
| TOTAL STOCKHOLDERS' EQUITY | $7.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $5.1B |
| Net Debt | $4.8B |
