| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $309M | $270M | 8.4% | 24.2% |
| Op. Income | $146M | $113M | $105M | 28.7% | 39.3% |
| Gross Margin | 74.2% | 68.4% | 73.3% | 5.8pp | 0.9pp |
| Net Margin | 28.3% | 22.7% | 24.4% | 5.6pp | 3.9pp |
| EPS (Diluted) | $0.22 | $0.16 | $0.14 | 37.5% | 57.1% |
| Free Cash Flow | -$4M | -$62M | -$48M | 94.1% | 92.4% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $40M |
| Operating Expenses | $103M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $146M |
| Interest Income | $329M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $3M |
| EBIT | $146M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $40M |
| Operating Expenses | $103M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $146M |
| Interest Income | $329M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $3M |
| EBIT | $146M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$197M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $668M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | $591M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$841M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $217M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $88M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $19.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.6B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $353M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $16.8B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $684M |
| Treasury Stock | -$87M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $19.2B |
| Total Debt | $2.8B |
| Net Debt | $1.8B |
