| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $427M | $481M | — | -11.1% | — |
| Op. Income | $48M | $89M | — | -45.4% | — |
| Gross Margin | 94.1% | 94.6% | — | -0.5pp | — |
| Net Margin | 7.1% | 13.0% | — | -5.9pp | — |
| EPS (Diluted) | $0.31 | $0.63 | — | -50.8% | — |
| Free Cash Flow | -$27M | -$819M | — | 96.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $402M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $241M |
| SG&A Expenses | $241M |
| Other Expenses | $113M |
| Operating Expenses | $354M |
| Cost & Expenses | $379M |
| OPERATING INCOME | $48M |
| Interest Income | $129M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $402M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $241M |
| SG&A Expenses | $241M |
| Other Expenses | $113M |
| Operating Expenses | $354M |
| Cost & Expenses | $379M |
| OPERATING INCOME | $48M |
| Interest Income | $129M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$122M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $63M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $355M |
| Short-Term Investments | $766M |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $176M |
| Goodwill | $252M |
| Intangible Assets | $38M |
| Long-Term Investments | $8.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.7B |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $341M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $424M |
| TOTAL NON-CURRENT LIABILITIES | $765M |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $959.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $377M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $599.0K |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
