| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $313M | $284M | 4.8% | 15.2% |
| Op. Income | $104M | $85M | $73M | 21.6% | 43.0% |
| Gross Margin | 88.5% | 89.0% | 89.8% | -0.5pp | -1.3pp |
| Net Margin | 24.1% | 26.2% | 16.2% | -2.1pp | 7.9pp |
| EPS (Diluted) | $0.35 | $0.38 | $0.21 | -7.9% | 66.7% |
| Free Cash Flow | $69M | $273M | $53M | -74.9% | 29.4% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $131M |
| SG&A Expenses | $132M |
| Other Expenses | $54M |
| Operating Expenses | $186M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $104M |
| Interest Income | $247M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $14M |
| EBIT | $104M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $131M |
| SG&A Expenses | $132M |
| Other Expenses | $54M |
| Operating Expenses | $186M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $104M |
| Interest Income | $247M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $14M |
| EBIT | $104M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$462.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | -$255M |
| NET CASH FROM INVESTING | -$236M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $157M |
| NET CASH FROM FINANCING | $102M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $569M |
| Short-Term Investments | $2.9B |
| Net Receivables | $1.2B |
| Inventory | -$1.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $259M |
| Goodwill | $1.8B |
| Intangible Assets | $193M |
| Long-Term Investments | $18.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $579M |
| TOTAL NON-CURRENT ASSETS | $21.1B |
| TOTAL ASSETS | $25.9B |
| Account Payables | $0 |
| Short-Term Debt | $292M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.1B |
| TOTAL CURRENT LIABILITIES | $20.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $21.9B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $546M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $25.9B |
| Total Debt | $1.5B |
| Net Debt | $892M |
