| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $258M | $212M | $224M | 21.7% | 15.2% |
| Op. Income | $185M | $120M | $161M | 54.2% | 14.9% |
| Gross Margin | 81.4% | 76.9% | 81.7% | 4.5pp | -0.3pp |
| Net Margin | 69.0% | 55.7% | 70.1% | 13.3pp | -1.1pp |
| EPS (Diluted) | $0.42 | $0.28 | $0.50 | 50.0% | -16.0% |
| Free Cash Flow | $122M | -$2.3B | $372M | 105.2% | -67.2% |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $1M |
| Operating Expenses | $25M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $185M |
| Interest Income | $231M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $1M |
| Operating Expenses | $25M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $185M |
| Interest Income | $231M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $73M |
| Net Debt Issuance | $256M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$162M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $536M |
| Short-Term Investments | $0 |
| Net Receivables | $143M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $646M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $312M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$439M |
| TOTAL CURRENT LIABILITIES | $439M |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$86M |
| TOTAL STOCKHOLDERS' EQUITY | $7.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $4.8B |
| Net Debt | $4.3B |
