| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $190M | $204M | 1.0% | -5.8% |
| Op. Income | $103M | $102M | $103M | 0.4% | 0.0% |
| Gross Margin | 92.0% | 93.2% | 87.8% | -1.2pp | 4.3pp |
| Net Margin | 35.8% | 36.2% | 33.9% | -0.5pp | 1.9pp |
| EPS (Diluted) | $0.99 | $0.99 | $0.98 | 0.0% | 1.0% |
| Free Cash Flow | $143M | -$19M | $159M | 852.0% | -10.0% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $26M |
| Operating Expenses | $74M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $103M |
| Interest Income | $165M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $5M |
| EBIT | $103M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $26M |
| Operating Expenses | $74M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $103M |
| Interest Income | $165M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $5M |
| EBIT | $103M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$117M |
| NET CASH FROM INVESTING | -$256M |
| Net Debt Issuance | $280M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$256M |
| NET CASH FROM FINANCING | $202.0K |
| FREE CASH FLOW | $143M |
| Net Change in Cash | -$112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325M |
| Short-Term Investments | $209M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $258M |
| Goodwill | $1.9B |
| Intangible Assets | $44M |
| Long-Term Investments | $19.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $391M |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $2M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.0B |
| TOTAL CURRENT LIABILITIES | $18.6B |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $69M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
