| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $291M | $235M | — | 24.0% | — |
| Op. Income | $176M | $125M | — | 41.6% | — |
| Gross Margin | 78.3% | 72.7% | — | 5.6pp | — |
| Net Margin | 30.1% | 36.6% | — | -6.5pp | — |
| EPS (Diluted) | $4.33 | $4.21 | — | 2.9% | — |
| Free Cash Flow | $142M | $134M | — | 5.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $24M |
| Other Expenses | $27M |
| Operating Expenses | $52M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $4M |
| EBIT | $176M |
| EBITDA | $180M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $24M |
| Other Expenses | $27M |
| Operating Expenses | $52M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $4M |
| EBIT | $176M |
| EBITDA | $180M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$142M |
| NET CASH FROM INVESTING | -$143M |
| Net Debt Issuance | $94M |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $89M |
| Other Current Assets | $226M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $4.2B |
| Account Payables | $144M |
| Short-Term Debt | $750M |
| Deferred Revenue | $273M |
| Other Current Liabilities | -$620M |
| TOTAL CURRENT LIABILITIES | $168M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | -$2.7B |
| Deferred Tax Liabilities | $273M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$200.0K |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
