| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | — | $132M | — | -10.7% |
| Op. Income | $86M | — | $120M | — | -28.2% |
| Gross Margin | 80.5% | — | 97.3% | — | -16.8pp |
| Net Margin | 72.6% | — | 90.3% | — | -17.7pp |
| EPS (Diluted) | $1.54 | — | $2.26 | — | -31.9% |
| Free Cash Flow | -$414M | — | -$226M | — | -83.1% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $1M |
| Operating Expenses | $9M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $86M |
| Interest Income | $146M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $0 |
| EBIT | $86M |
| EBITDA | $86M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $1M |
| Operating Expenses | $9M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $86M |
| Interest Income | $146M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $0 |
| EBIT | $86M |
| EBITDA | $86M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | -$9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$629M |
| Change in Working Capital | $139M |
| OPERATING CASH FLOW | -$414M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $392M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $487M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $453M |
| FREE CASH FLOW | -$414M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $705M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $717M |
| TOTAL LIABILITIES | $757M |
| Common Stock | $116.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $705M |
| Net Debt | $649M |
