| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $767M | $813M | $681M | -5.6% | 12.7% |
| Op. Income | $120M | -$820.0K | $79M | 14679.8% | 51.3% |
| Gross Margin | 96.6% | 97.6% | 97.7% | -1.0pp | -1.1pp |
| Net Margin | 11.6% | -0.2% | 9.6% | 11.8pp | 1.9pp |
| EPS (Diluted) | $0.71 | $-0.04 | $0.52 | 1875.0% | 36.5% |
| Free Cash Flow | -$376M | -$288M | $255M | -30.7% | -247.6% |
| Item | Amount |
|---|---|
| REVENUE | $767M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $741M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $458M |
| SG&A Expenses | $458M |
| Other Expenses | $164M |
| Operating Expenses | $621M |
| Cost & Expenses | $648M |
| OPERATING INCOME | $120M |
| Interest Income | $138M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $31M |
| 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 | $86M |
| D&A | $9M |
| EBIT | $120M |
| EBITDA | $129M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $767M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $741M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $458M |
| SG&A Expenses | $458M |
| Other Expenses | $164M |
| Operating Expenses | $621M |
| Cost & Expenses | $648M |
| OPERATING INCOME | $120M |
| Interest Income | $138M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $31M |
| 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 | $86M |
| D&A | $9M |
| EBIT | $120M |
| EBITDA | $129M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$527M |
| OPERATING CASH FLOW | -$372M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | -$472M |
| Sales/Maturities of Investments | $370M |
| Other Investing Activities | -$131M |
| NET CASH FROM INVESTING | -$266M |
| Net Debt Issuance | $142M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $196M |
| NET CASH FROM FINANCING | $324M |
| FREE CASH FLOW | -$376M |
| Net Change in Cash | -$310M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $3.7B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $153M |
| Goodwill | $984M |
| Intangible Assets | $119M |
| Long-Term Investments | $12.8B |
| Tax Assets | $94M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $15.6B |
| TOTAL ASSETS | $21.7B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.3B |
| TOTAL CURRENT LIABILITIES | $16.3B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $315M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $11M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $21.7B |
| Total Debt | $3.5B |
| Net Debt | $3.1B |
