| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $271M | — | 3.0% | — |
| Op. Income | $91M | $80M | — | 14.0% | — |
| Gross Margin | 97.1% | 95.5% | — | 1.6pp | — |
| Net Margin | 28.7% | 26.3% | — | 2.4pp | — |
| EPS (Diluted) | $1.24 | $1.11 | — | 11.7% | — |
| Free Cash Flow | $146M | $34M | — | 334.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $102M |
| SG&A Expenses | $102M |
| Other Expenses | $79M |
| Operating Expenses | $181M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $91M |
| Interest Income | $197M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $12M |
| EBIT | $91M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $102M |
| SG&A Expenses | $102M |
| Other Expenses | $79M |
| Operating Expenses | $181M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $91M |
| Interest Income | $197M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $12M |
| EBIT | $91M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $80M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.6B |
| Sales/Maturities of Investments | $8.1B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$424M |
| Net Debt Issuance | $71M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $864M |
| NET CASH FROM FINANCING | $899M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $630M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $10.2B |
| Net Receivables | $320M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $564M |
| Goodwill | $655M |
| Intangible Assets | $7M |
| Long-Term Investments | $13.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $238M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $29.6B |
| Account Payables | $293M |
| Short-Term Debt | $804M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.1B |
| TOTAL CURRENT LIABILITIES | $26.2B |
| Long-Term Debt | $236M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $26.4B |
| Common Stock | $637.0K |
| Additional Paid-In Capital | $905M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | $216M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $29.6B |
| Total Debt | $1.0B |
| Net Debt | -$2.9B |
