| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $162M | $139M | 2.7% | 19.7% |
| Op. Income | $77M | $85M | $64M | -9.2% | 19.8% |
| Gross Margin | 86.4% | 87.1% | 85.0% | -0.7pp | 1.4pp |
| Net Margin | 15.6% | 30.8% | 34.6% | -15.1pp | -19.0pp |
| EPS (Diluted) | $0.32 | $0.61 | $0.60 | -47.5% | -46.7% |
| Free Cash Flow | $123M | -$6M | $63M | 2188.6% | 94.0% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $29M |
| Operating Expenses | $66M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $77M |
| Interest Income | $156M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $77M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $29M |
| Operating Expenses | $66M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $77M |
| Interest Income | $156M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $77M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$104M |
| Purchases of Investments | $111M |
| Sales/Maturities of Investments | $394M |
| Other Investing Activities | -$464M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $128M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $1.6B |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $103M |
| Goodwill | $372M |
| Intangible Assets | $8M |
| Long-Term Investments | $13.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$59M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $0 |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.7B |
| TOTAL CURRENT LIABILITIES | $12.8B |
| Long-Term Debt | $642M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $877M |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $891.0K |
| Additional Paid-In Capital | $933M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$240M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $742M |
| Net Debt | $495M |
