| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $243M | $140M | -1.0% | 72.1% |
| Op. Income | $137M | $137M | $83M | -0.4% | 65.3% |
| Gross Margin | 88.4% | 87.4% | 92.0% | 1.0pp | -3.6pp |
| Net Margin | 37.1% | 36.2% | 37.0% | 0.9pp | 0.1pp |
| EPS (Diluted) | $0.73 | $0.72 | $0.57 | 1.4% | 28.1% |
| Free Cash Flow | $135M | $71M | $39M | 89.6% | 247.4% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $212M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $40M |
| SG&A Expenses | $41M |
| Other Expenses | $34M |
| Operating Expenses | $76M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $137M |
| Interest Income | $214M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $8M |
| EBIT | $137M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $212M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $40M |
| SG&A Expenses | $41M |
| Other Expenses | $34M |
| Operating Expenses | $76M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $137M |
| Interest Income | $214M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $8M |
| EBIT | $137M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$217M |
| NET CASH FROM INVESTING | -$215M |
| Net Debt Issuance | $388.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $155M |
| NET CASH FROM FINANCING | $135M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $929M |
| Short-Term Investments | $1.5B |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $507M |
| Goodwill | $661M |
| Intangible Assets | $58M |
| Long-Term Investments | $14.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $772M |
| TOTAL NON-CURRENT ASSETS | $16.7B |
| TOTAL ASSETS | $19.2B |
| Account Payables | $98M |
| Short-Term Debt | $81M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.7B |
| TOTAL CURRENT LIABILITIES | $15.9B |
| Long-Term Debt | $383M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $383M |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $982M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $19.2B |
| Total Debt | $464M |
| Net Debt | -$465M |
