| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $220M | $202M | 13.5% | 23.8% |
| Op. Income | $29M | $74M | $38M | -60.1% | -22.4% |
| Gross Margin | 86.9% | 86.1% | 86.5% | 0.8pp | 0.3pp |
| Net Margin | 9.2% | 23.3% | 12.9% | -14.1pp | -3.8pp |
| EPS (Diluted) | $0.09 | $0.23 | $0.12 | -61.9% | -27.0% |
| Free Cash Flow | -$5M | $81M | $80M | -105.7% | -105.7% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $106M |
| Operating Expenses | $188M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $29M |
| Interest Income | $195M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $106M |
| Operating Expenses | $188M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $29M |
| Interest Income | $195M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $198M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $790M |
| Other Investing Activities | -$209M |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | $270M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $85M |
| NET CASH FROM FINANCING | $328M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $2.6B |
| Net Receivables | $197M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $355M |
| Goodwill | $2.3B |
| Intangible Assets | $135M |
| Long-Term Investments | $22.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $26.9B |
| TOTAL ASSETS | $30.2B |
| Account Payables | $0 |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.3B |
| TOTAL CURRENT LIABILITIES | $24.8B |
| Long-Term Debt | $826M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $226M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $25.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $300M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $30.2B |
| Total Debt | $4.3B |
| Net Debt | $3.8B |
