| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $290M | $283M | 4.5% | 7.1% |
| Op. Income | $35M | $33M | $27M | 4.9% | 29.2% |
| Gross Margin | 28.7% | 27.8% | 25.7% | 0.8pp | 2.9pp |
| Net Margin | 41.4% | 9.2% | 7.0% | 32.2pp | 34.4pp |
| EPS (Diluted) | $3.00 | $0.64 | $0.48 | 368.7% | 525.0% |
| Free Cash Flow | $19M | $83M | $46M | -76.6% | -57.8% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $52M |
| Operating Expenses | $52M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | -$90M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $0 |
| EBIT | $38M |
| EBITDA | $38M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $52M |
| Operating Expenses | $52M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | -$90M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $0 |
| EBIT | $38M |
| EBITDA | $38M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$121M |
| Change in Working Capital | $309.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$493M |
| Sales/Maturities of Investments | $484M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $935.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $8.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0K |
| PP&E (Net) | $39M |
| Goodwill | $47M |
| Intangible Assets | $0 |
| Long-Term Investments | $430M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$469M |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $11.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $297M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.4B |
| TOTAL NON-CURRENT LIABILITIES | $9.7B |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $464M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$481M |
| Accum. Other Comp. Income | $287M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $297M |
| Net Debt | $290M |
