| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $270M | $263M | $274M | 2.7% | -1.3% |
| Op. Income | $184M | $181M | $84M | 2.1% | 120.3% |
| Gross Margin | 87.9% | 88.6% | 76.8% | -0.7pp | 11.1pp |
| Net Margin | 44.4% | 45.0% | 20.7% | -0.7pp | 23.7pp |
| EPS (Diluted) | $0.32 | $0.31 | $0.14 | 3.2% | 128.6% |
| Free Cash Flow | $128M | $42M | $36M | 202.4% | 253.3% |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $53M |
| Operating Expenses | $53M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $16M |
| EBIT | $198M |
| EBITDA | $213M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $53M |
| Operating Expenses | $53M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $16M |
| EBIT | $198M |
| EBITDA | $213M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | $47.0K |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$230M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$59.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59.0K |
| NET CASH FROM FINANCING | -$59.0K |
| FREE CASH FLOW | $128M |
| Net Change in Cash | $123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $0 |
| Net Receivables | $104M |
| Inventory | $4.8B |
| Other Current Assets | $788M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $43M |
| Goodwill | -$435M |
| Intangible Assets | $19M |
| Long-Term Investments | $4.7B |
| Tax Assets | $416M |
| Other Non-Current Assets | -$4.1B |
| TOTAL NON-CURRENT ASSETS | $661M |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $830M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $830M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $371M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $939M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $830M |
| Net Debt | $579M |
