| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $183M | $144M | -12.5% | 10.9% |
| Op. Income | $46M | $48M | $37M | -3.5% | 26.8% |
| Gross Margin | 91.9% | 94.4% | 93.2% | -2.6pp | -1.4pp |
| Net Margin | 22.5% | 18.3% | 18.7% | 4.2pp | 3.8pp |
| EPS (Diluted) | $0.27 | $0.25 | $0.24 | 8.0% | 12.5% |
| Free Cash Flow | $115M | -$96M | $10M | 219.7% | 1073.0% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $28M |
| Operating Expenses | $100M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $46M |
| Interest Income | $118M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $8M |
| EBIT | $46M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $28M |
| Operating Expenses | $100M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $46M |
| Interest Income | $118M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $8M |
| EBIT | $46M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $76M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$133M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | -$126M |
| NET CASH FROM INVESTING | -$135M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$93M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $2.8B |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $421M |
| Goodwill | $655M |
| Intangible Assets | $60M |
| Long-Term Investments | $9.9B |
| Tax Assets | $165M |
| Other Non-Current Assets | $602M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $0 |
| Short-Term Debt | $407M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $135M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $409M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
