| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $481M | $380M | — | 26.7% | — |
| Op. Income | $89M | $41M | — | 114.2% | — |
| Gross Margin | 94.6% | 95.3% | — | -0.7pp | — |
| Net Margin | 13.0% | 7.0% | — | 6.0pp | — |
| EPS (Diluted) | $0.63 | $0.27 | — | 133.3% | — |
| Free Cash Flow | -$819M | $344M | — | -338.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $481M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $455M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $248M |
| SG&A Expenses | $248M |
| Other Expenses | $118M |
| Operating Expenses | $366M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $89M |
| Interest Income | $136M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | -$13M |
| EBIT | $89M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $481M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $455M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $248M |
| SG&A Expenses | $248M |
| Other Expenses | $118M |
| Operating Expenses | $366M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $89M |
| Interest Income | $136M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | -$13M |
| EBIT | $89M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | -$13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$649M |
| Change in Working Capital | -$212M |
| OPERATING CASH FLOW | -$811M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $127M |
| Other Investing Activities | -$274M |
| NET CASH FROM INVESTING | -$312M |
| Net Debt Issuance | $737M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $238M |
| NET CASH FROM FINANCING | $959M |
| FREE CASH FLOW | -$819M |
| Net Change in Cash | -$164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $406M |
| Short-Term Investments | $763M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $184M |
| Goodwill | $252M |
| Intangible Assets | $41M |
| Long-Term Investments | $8.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $343M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $393M |
| TOTAL NON-CURRENT LIABILITIES | $736M |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $963.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $357M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $597.0K |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $2.0B |
| Net Debt | $1.6B |
