| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | $336M | $250M | 1.1% | 36.1% |
| Op. Income | $108M | $112M | $29M | -3.5% | 266.6% |
| Gross Margin | 82.1% | 82.8% | 86.9% | -0.8pp | -4.8pp |
| Net Margin | 25.6% | 7.2% | 9.2% | 18.4pp | 16.4pp |
| EPS (Diluted) | $0.26 | $0.07 | $0.09 | 282.4% | 196.8% |
| Free Cash Flow | $201M | $144M | -$5M | 40.1% | 4513.7% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $73M |
| Operating Expenses | $171M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $108M |
| Interest Income | $273M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $24M |
| EBIT | $108M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $73M |
| Operating Expenses | $171M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $108M |
| Interest Income | $273M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $24M |
| EBIT | $108M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$422M |
| Sales/Maturities of Investments | $234M |
| Other Investing Activities | -$284M |
| NET CASH FROM INVESTING | -$481M |
| Net Debt Issuance | $116M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $99M |
| NET CASH FROM FINANCING | $178M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $386M |
| Short-Term Investments | $2.9B |
| Net Receivables | $280M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $333M |
| Goodwill | $2.3B |
| Intangible Assets | $88M |
| Long-Term Investments | $24.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $28.1B |
| TOTAL ASSETS | $31.7B |
| Account Payables | $0 |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.5B |
| TOTAL CURRENT LIABILITIES | $26.2B |
| Long-Term Debt | $797M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $27.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $413M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$109M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $31.7B |
| Total Debt | $4.5B |
| Net Debt | $4.1B |
