| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $108M | — | -4.0% | — |
| Op. Income | $51M | $61M | — | -16.6% | — |
| Gross Margin | 81.6% | 84.5% | — | -2.9pp | — |
| Net Margin | 28.8% | 33.4% | — | -4.6pp | — |
| EPS (Diluted) | $0.46 | $0.56 | — | -17.9% | — |
| Free Cash Flow | $105M | $30M | — | 252.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $23M |
| SG&A Expenses | $25M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $51M |
| Interest Income | $86M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $1M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $23M |
| SG&A Expenses | $25M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $51M |
| Interest Income | $86M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $1M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $130M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$407M |
| NET CASH FROM INVESTING | -$381M |
| Net Debt Issuance | -$131M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | -$409M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $487M |
| Short-Term Investments | $265M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $778M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $6.6B |
| Tax Assets | $39M |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $2M |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $783M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $835M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $645.0K |
| Additional Paid-In Capital | $331M |
| Retained Earnings | $385M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $684M |
| Minority Interest | $0 |
| TOTAL EQUITY | $684M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $818M |
| Net Debt | $331M |
