| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $532M | $406M | $510M | 31.0% | 4.3% |
| Op. Income | $126M | -$7M | $117M | 1897.8% | 7.4% |
| Gross Margin | 82.2% | 76.1% | 81.1% | 6.1pp | 1.1pp |
| Net Margin | 17.5% | -1.0% | 16.7% | 18.5pp | 0.8pp |
| EPS (Diluted) | $0.89 | $-0.05 | $0.81 | 1880.0% | 9.9% |
| Free Cash Flow | $167M | $126M | $139M | 33.1% | 20.0% |
| Item | Amount |
|---|---|
| REVENUE | $532M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $437M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $184M |
| SG&A Expenses | $196M |
| Other Expenses | $115M |
| Operating Expenses | $311M |
| Cost & Expenses | $406M |
| OPERATING INCOME | $126M |
| Interest Income | $416M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $14M |
| EBIT | $126M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $532M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $437M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $184M |
| SG&A Expenses | $196M |
| Other Expenses | $115M |
| Operating Expenses | $311M |
| Cost & Expenses | $406M |
| OPERATING INCOME | $126M |
| Interest Income | $416M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $14M |
| EBIT | $126M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | -$120M |
| Change in Working Capital | $175M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $230M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $167M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $8.7B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.2B |
| PP&E (Net) | $549M |
| Goodwill | $627M |
| Intangible Assets | $236M |
| Long-Term Investments | $22.6B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $901M |
| TOTAL NON-CURRENT ASSETS | $26.1B |
| TOTAL ASSETS | $40.3B |
| Account Payables | $0 |
| Short-Term Debt | $436M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.2B |
| TOTAL CURRENT LIABILITIES | $32.6B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $863M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $35.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | -$320M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $40.3B |
| Total Debt | $2.0B |
| Net Debt | -$2.0B |
