| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $643M | $641M | — | 0.3% | — |
| Op. Income | $41M | -$33M | — | 222.3% | — |
| Gross Margin | 111.0% | 8.2% | — | 102.8pp | — |
| Net Margin | 4.9% | -2.5% | — | 7.4pp | — |
| EPS (Diluted) | $0.60 | $-0.32 | — | 287.5% | — |
| Free Cash Flow | $61M | $49M | — | 25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | -$71M |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $673M |
| Operating Expenses | $673M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | -$71M |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $673M |
| Operating Expenses | $673M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$293M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $5.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $389M |
| PP&E (Net) | $0 |
| Goodwill | $323M |
| Intangible Assets | $332M |
| Long-Term Investments | $6.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.1B |
| TOTAL NON-CURRENT ASSETS | $323M |
| TOTAL ASSETS | $8.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | -$453M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $752M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $660M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $752M |
| Net Debt | $636M |
