| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $336M | $330M | $220M | 2.0% | 52.8% |
| Op. Income | $112M | $111M | $74M | 0.9% | 51.6% |
| Gross Margin | 82.8% | 83.3% | 86.1% | -0.5pp | -3.3pp |
| Net Margin | 7.2% | 23.6% | 23.3% | -16.4pp | -16.1pp |
| EPS (Diluted) | $0.07 | $0.23 | $0.23 | -70.4% | -70.4% |
| Free Cash Flow | $144M | $199M | $81M | -28.0% | 78.1% |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $93M |
| SG&A Expenses | $93M |
| Other Expenses | $74M |
| Operating Expenses | $167M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $112M |
| Interest Income | $271M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $88M |
| 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 | $22M |
| D&A | $28M |
| EBIT | $112M |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $93M |
| SG&A Expenses | $93M |
| Other Expenses | $74M |
| Operating Expenses | $167M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $112M |
| Interest Income | $271M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $88M |
| 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 | $22M |
| D&A | $28M |
| EBIT | $112M |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $92M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$443M |
| Sales/Maturities of Investments | $251M |
| Other Investing Activities | -$239M |
| NET CASH FROM INVESTING | -$440M |
| Net Debt Issuance | -$184M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $472M |
| NET CASH FROM FINANCING | $251M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $2.8B |
| Net Receivables | $267M |
| Inventory | $0 |
| Other Current Assets | -$5.0K |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $337M |
| Goodwill | $2.2B |
| Intangible Assets | $92M |
| Long-Term Investments | $23.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $27.9B |
| TOTAL ASSETS | $31.4B |
| Account Payables | $0 |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.4B |
| TOTAL CURRENT LIABILITIES | $25.9B |
| Long-Term Debt | $806M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $262M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $27.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $368M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $31.4B |
| Total Debt | $4.3B |
| Net Debt | $3.9B |
