| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $276M | $240M | 3.0% | 18.2% |
| Op. Income | $147M | $150M | $137M | -1.7% | 7.7% |
| Gross Margin | 84.1% | 84.2% | 88.4% | -0.2pp | -4.3pp |
| Net Margin | 39.8% | 53.0% | 37.1% | -13.2pp | 2.7pp |
| EPS (Diluted) | $0.88 | $1.14 | $0.73 | -22.8% | 20.5% |
| Free Cash Flow | $105M | $88M | $135M | 18.6% | -22.2% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $49M |
| SG&A Expenses | $50M |
| Other Expenses | $41M |
| Operating Expenses | $92M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $147M |
| Interest Income | $257M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $9M |
| EBIT | $147M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $49M |
| SG&A Expenses | $50M |
| Other Expenses | $41M |
| Operating Expenses | $92M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $147M |
| Interest Income | $257M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $9M |
| EBIT | $147M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$388.0K |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | -$560M |
| NET CASH FROM INVESTING | -$608M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $726M |
| NET CASH FROM FINANCING | $678M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $633M |
| Short-Term Investments | $2.6B |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $532M |
| Goodwill | $661M |
| Intangible Assets | $45M |
| Long-Term Investments | $16.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $985M |
| TOTAL NON-CURRENT ASSETS | $18.7B |
| TOTAL ASSETS | $22.0B |
| Account Payables | $183M |
| Short-Term Debt | $149M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.8B |
| TOTAL CURRENT LIABILITIES | $18.2B |
| Long-Term Debt | $344M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $18.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $3M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $22.0B |
| Total Debt | $493M |
| Net Debt | -$140M |
