| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | $318M | $294M | -0.9% | 7.2% |
| Op. Income | $90M | $94M | $78M | -4.0% | 14.6% |
| Gross Margin | 86.2% | 85.3% | 87.6% | 1.0pp | -1.4pp |
| Net Margin | 15.9% | 20.5% | 18.7% | -4.6pp | -2.8pp |
| EPS (Diluted) | $0.31 | $0.41 | $0.34 | -24.4% | -8.8% |
| Free Cash Flow | $128M | -$17M | $208M | 860.1% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $112M |
| SG&A Expenses | $121M |
| Other Expenses | $61M |
| Operating Expenses | $182M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $90M |
| Interest Income | $230M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $25M |
| EBIT | $90M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $112M |
| SG&A Expenses | $121M |
| Other Expenses | $61M |
| Operating Expenses | $182M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $90M |
| Interest Income | $230M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $25M |
| EBIT | $90M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $556.0K |
| Purchases of Investments | -$568M |
| Sales/Maturities of Investments | $223M |
| Other Investing Activities | $146M |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | -$138M |
| Common Stock Repurchased | -$677.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $453M |
| NET CASH FROM FINANCING | $295M |
| FREE CASH FLOW | $128M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $683M |
| Short-Term Investments | $4.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $331M |
| Goodwill | $976M |
| Intangible Assets | $74M |
| Long-Term Investments | $23.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $25.8B |
| TOTAL ASSETS | $30.5B |
| Account Payables | $0 |
| Short-Term Debt | $392M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.9B |
| TOTAL CURRENT LIABILITIES | $23.6B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $27.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$135M |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $30.5B |
| Total Debt | $4.1B |
| Net Debt | $3.4B |
