| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $668M | $651M | — | 2.7% | — |
| Op. Income | $55M | $28M | — | 96.2% | — |
| Gross Margin | 97.6% | 97.0% | — | 0.6pp | — |
| Net Margin | 4.0% | 2.7% | — | 1.3pp | — |
| EPS (Diluted) | $0.21 | $0.14 | — | 50.0% | — |
| Free Cash Flow | -$129M | $245M | — | -152.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $652M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $421M |
| SG&A Expenses | $421M |
| Other Expenses | $176M |
| Operating Expenses | $597M |
| Cost & Expenses | $613M |
| OPERATING INCOME | $55M |
| Interest Income | $91M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $15M |
| EBIT | $55M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $668M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $652M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $421M |
| SG&A Expenses | $421M |
| Other Expenses | $176M |
| Operating Expenses | $597M |
| Cost & Expenses | $613M |
| OPERATING INCOME | $55M |
| Interest Income | $91M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $15M |
| EBIT | $55M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $132M |
| Change in Working Capital | -$353M |
| OPERATING CASH FLOW | -$122M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $358M |
| Other Investing Activities | -$641M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $143M |
| Common Stock Repurchased | $113M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | -$129M |
| Net Change in Cash | $238M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $913M |
| Short-Term Investments | $3.2B |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $173M |
| Goodwill | $962M |
| Intangible Assets | $116M |
| Long-Term Investments | $10.3B |
| Tax Assets | $225M |
| Other Non-Current Assets | $804M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $19.1B |
| Account Payables | $1.8B |
| Short-Term Debt | $968M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $14.3B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $390M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $877M |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $19.1B |
| Total Debt | $2.7B |
| Net Debt | $1.8B |
