| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $160M | $152M | -7.2% | -2.2% |
| Op. Income | $26M | -$19M | $37M | 237.7% | -29.1% |
| Gross Margin | 66.1% | 37.5% | 68.9% | 28.7pp | -2.8pp |
| Net Margin | 16.3% | -6.7% | 15.7% | 23.0pp | 0.6pp |
| EPS (Diluted) | $0.11 | $-0.05 | $0.11 | 319.1% | 0.0% |
| Free Cash Flow | $40M | $61M | $78M | -34.9% | -49.5% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $41M |
| SG&A Expenses | $44M |
| Other Expenses | $28M |
| Operating Expenses | $72M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $26M |
| Interest Income | $148M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $41M |
| SG&A Expenses | $44M |
| Other Expenses | $28M |
| Operating Expenses | $72M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $26M |
| Interest Income | $148M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$212M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$321.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $255M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $709M |
| Short-Term Investments | $1.5B |
| Net Receivables | $315M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $142M |
| Goodwill | $28M |
| Intangible Assets | $40M |
| Long-Term Investments | $8.6B |
| Tax Assets | $295M |
| Other Non-Current Assets | $665M |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $146M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $924M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $924M |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $22M |
| Additional Paid-In Capital | $937M |
| Retained Earnings | $895M |
| Treasury Stock | -$410.0K |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $1.2B |
| Net Debt | $515M |
