| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $168M | $183M | 5.9% | -2.4% |
| Op. Income | $22M | $51M | $48M | -56.9% | -54.5% |
| Gross Margin | 90.1% | 90.9% | 94.4% | -0.8pp | -4.3pp |
| Net Margin | -10.4% | 23.4% | 18.3% | -33.8pp | -28.7pp |
| EPS (Diluted) | $-0.13 | $0.29 | $0.25 | -144.8% | -152.0% |
| Free Cash Flow | $49M | $54M | -$96M | -9.4% | 151.3% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $93M |
| Other Expenses | $46M |
| Operating Expenses | $139M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $22M |
| Interest Income | $135M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $9M |
| EBIT | $22M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$308M |
| Sales/Maturities of Investments | $163M |
| Other Investing Activities | -$119M |
| NET CASH FROM INVESTING | -$282M |
| Net Debt Issuance | $729.0K |
| Common Stock Repurchased | -$844.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $270M |
| NET CASH FROM FINANCING | $251M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $290M |
| Short-Term Investments | $3.2B |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $458M |
| Goodwill | $828M |
| Intangible Assets | $78M |
| Long-Term Investments | $11.8B |
| Tax Assets | $111M |
| Other Non-Current Assets | $693M |
| TOTAL NON-CURRENT ASSETS | $13.9B |
| TOTAL ASSETS | $17.5B |
| Account Payables | $0 |
| Short-Term Debt | $720M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $13.5B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $152M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $413M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
