| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $449M | $458M | — | -1.9% | — |
| Op. Income | $174M | $197M | — | -12.0% | — |
| Gross Margin | 77.0% | 78.7% | — | -1.7pp | — |
| Net Margin | 25.3% | 27.4% | — | -2.0pp | — |
| EPS (Diluted) | $0.70 | $0.77 | — | -9.1% | — |
| Free Cash Flow | $345M | $99M | — | 247.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $140M |
| SG&A Expenses | $140M |
| Other Expenses | $32M |
| Operating Expenses | $172M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $174M |
| Interest Income | $415M |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $9M |
| EBIT | $174M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $140M |
| SG&A Expenses | $140M |
| Other Expenses | $32M |
| Operating Expenses | $172M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $174M |
| Interest Income | $415M |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $9M |
| EBIT | $174M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $360M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$211M |
| Sales/Maturities of Investments | $202M |
| Other Investing Activities | $113M |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | -$329M |
| Common Stock Repurchased | -$135.0K |
| Common Dividends Paid | -$83M |
| Other Financing Activities | -$252M |
| NET CASH FROM FINANCING | -$663M |
| FREE CASH FLOW | $345M |
| Net Change in Cash | -$214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $558M |
| Short-Term Investments | $104M |
| Net Receivables | $803M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $374M |
| Goodwill | $2.4B |
| Intangible Assets | $234M |
| Long-Term Investments | $40.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $47.5B |
| TOTAL ASSETS | $48.9B |
| Account Payables | $0 |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.9B |
| TOTAL CURRENT LIABILITIES | $30.5B |
| Long-Term Debt | $12.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $241M |
| TOTAL NON-CURRENT LIABILITIES | $12.3B |
| TOTAL LIABILITIES | $42.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $128M |
| Treasury Stock | -$160.0K |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $48.9B |
| Total Debt | $13.7B |
| Net Debt | $13.1B |
