| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $274M | — | -2.7% | — |
| Op. Income | $162M | $84M | — | 93.5% | — |
| Gross Margin | 81.0% | 76.8% | — | 4.2pp | — |
| Net Margin | 40.3% | 20.7% | — | 19.7pp | — |
| EPS (Diluted) | $0.28 | $0.14 | — | 100.0% | — |
| Free Cash Flow | $182M | $36M | — | 402.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $162M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $17M |
| EBIT | $178M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $162M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $17M |
| EBIT | $178M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | $103M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $188M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $99M |
| Purchases of Investments | -$254M |
| Sales/Maturities of Investments | $121M |
| Other Investing Activities | -$99M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $4.7B |
| Other Current Assets | $686M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $4.7B |
| Tax Assets | -$18M |
| Other Non-Current Assets | -$3.9B |
| TOTAL NON-CURRENT ASSETS | $842M |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $608M |
| Other Current Liabilities | -$608M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $359M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $633M |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
