| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $329M | $295M | 10.4% | 22.9% |
| Op. Income | $100M | $95M | $74M | 4.8% | 34.5% |
| Gross Margin | 70.8% | 77.8% | 75.4% | -7.1pp | -4.6pp |
| Net Margin | 18.7% | 20.2% | 17.2% | -1.5pp | 1.5pp |
| EPS (Diluted) | $0.62 | $0.60 | $0.47 | 3.3% | 31.9% |
| Free Cash Flow | $77M | $69M | $39M | 12.5% | 95.8% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $109M |
| SG&A Expenses | $109M |
| Other Expenses | $47M |
| Operating Expenses | $157M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $100M |
| Interest Income | $309M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | -$6.0K |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $15M |
| EBIT | $100M |
| EBITDA | $115M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $109M |
| SG&A Expenses | $109M |
| Other Expenses | $47M |
| Operating Expenses | $157M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $100M |
| Interest Income | $309M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | -$6.0K |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $15M |
| EBIT | $100M |
| EBITDA | $115M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$784M |
| Sales/Maturities of Investments | $741M |
| Other Investing Activities | -$342M |
| NET CASH FROM INVESTING | -$410M |
| Net Debt Issuance | -$79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $474M |
| NET CASH FROM FINANCING | $372M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $293M |
| Short-Term Investments | $6.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $588M |
| Goodwill | $0 |
| Intangible Assets | $78M |
| Long-Term Investments | $20.8B |
| Tax Assets | $24M |
| Other Non-Current Assets | $915M |
| TOTAL NON-CURRENT ASSETS | $22.4B |
| TOTAL ASSETS | $29.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.2B |
| TOTAL CURRENT LIABILITIES | $21.2B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $434M |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $26.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $29.6B |
| Total Debt | $5.3B |
| Net Debt | $5.0B |
