| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $337M | — | -14.2% | — |
| Op. Income | $81M | $79M | — | 2.7% | — |
| Gross Margin | 90.7% | 94.6% | — | -3.9pp | — |
| Net Margin | 18.2% | 15.2% | — | 3.0pp | — |
| EPS (Diluted) | $4.39 | $4.28 | — | 2.6% | — |
| Free Cash Flow | -$12M | $97M | — | -112.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $143M |
| SG&A Expenses | $143M |
| Other Expenses | $38M |
| Operating Expenses | $182M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $81M |
| Interest Income | $255M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $28M |
| EBIT | $81M |
| EBITDA | $109M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $143M |
| SG&A Expenses | $143M |
| Other Expenses | $38M |
| Operating Expenses | $182M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $81M |
| Interest Income | $255M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $28M |
| EBIT | $81M |
| EBITDA | $109M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $46M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$135M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$814M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$425M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$134M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $236M |
| NET CASH FROM FINANCING | $98M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $540M |
| Short-Term Investments | $8.9B |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $1.1B |
| Goodwill | $151M |
| Intangible Assets | $78M |
| Long-Term Investments | $21.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $537M |
| TOTAL NON-CURRENT ASSETS | $23.5B |
| TOTAL ASSETS | $33.0B |
| Account Payables | $0 |
| Short-Term Debt | $603M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.2B |
| TOTAL CURRENT LIABILITIES | $28.8B |
| Long-Term Debt | $827M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $381M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $12M |
| Additional Paid-In Capital | $659M |
| Retained Earnings | $2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $33.0B |
| Total Debt | $1.4B |
| Net Debt | $897M |
