| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $359M | $312M | -1.0% | 14.1% |
| Op. Income | $111M | $119M | $90M | -6.8% | 23.0% |
| Gross Margin | 76.6% | 78.0% | 79.1% | -1.4pp | -2.5pp |
| Net Margin | 24.0% | 116.3% | 20.0% | -92.4pp | 4.0pp |
| EPS (Diluted) | $0.77 | $3.79 | $0.57 | -79.7% | 35.1% |
| Free Cash Flow | $124M | $67M | $8M | 85.7% | 1437.1% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $50M |
| Operating Expenses | $162M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $111M |
| Interest Income | $328M |
| Interest Expense | $80M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | -$11.0K |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $16M |
| EBIT | $111M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | $50M |
| Operating Expenses | $162M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $111M |
| Interest Income | $328M |
| Interest Expense | $80M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | -$11.0K |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $16M |
| EBIT | $111M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $138M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$702M |
| Sales/Maturities of Investments | $620M |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$375M |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $390M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $124M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $591M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $28.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $30.2B |
| TOTAL ASSETS | $30.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.2B |
| TOTAL CURRENT LIABILITIES | $22.2B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $361M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $27.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $30.4B |
| Total Debt | $4.8B |
| Net Debt | $4.6B |
