| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $487M | $428M | — | 13.8% | — |
| Op. Income | $241M | $206M | — | 16.9% | — |
| Gross Margin | 87.9% | 88.3% | — | -0.3pp | — |
| Net Margin | 45.6% | 39.7% | — | 5.9pp | — |
| EPS (Diluted) | $1.31 | $0.99 | — | 32.3% | — |
| Free Cash Flow | $200M | $207M | — | -3.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $428M |
| R&D Expenses | $48M |
| Selling & Marketing | $117M |
| General & Administrative | $22M |
| SG&A Expenses | $139M |
| Other Expenses | $0 |
| Operating Expenses | $187M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $241M |
| Interest Income | $10M |
| Interest Expense | $34M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $222M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $222M |
| D&A | $3M |
| EBIT | $241M |
| EBITDA | $245M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $428M |
| R&D Expenses | $48M |
| Selling & Marketing | $117M |
| General & Administrative | $22M |
| SG&A Expenses | $139M |
| Other Expenses | $0 |
| Operating Expenses | $187M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $241M |
| Interest Income | $10M |
| Interest Expense | $34M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $222M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $222M |
| D&A | $3M |
| EBIT | $241M |
| EBITDA | $245M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $222M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $206M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$248M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $200M |
| Net Change in Cash | -$3.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $1.2B |
| Net Receivables | $479M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $62M |
| Goodwill | $812M |
| Intangible Assets | $22M |
| Long-Term Investments | $2.3B |
| Tax Assets | $95M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $814M |
| Other Current Liabilities | $170M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $251M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $561M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $7.3B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $0 |
| Net Debt | -$187M |
