| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | $335M | $271M | 4.1% | 28.8% |
| Op. Income | $115M | $146M | $92M | -21.0% | 25.7% |
| Gross Margin | 64.9% | 74.2% | 68.9% | -9.2pp | -4.0pp |
| Net Margin | 20.2% | 28.3% | 21.1% | -8.1pp | -0.9pp |
| EPS (Diluted) | $0.16 | $0.22 | $0.13 | -27.3% | 23.1% |
| Free Cash Flow | -$102M | -$4M | -$59M | -2723.5% | -73.2% |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $54M |
| Operating Expenses | $111M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $115M |
| Interest Income | $342M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $3M |
| EBIT | $115M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $54M |
| Operating Expenses | $111M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $115M |
| Interest Income | $342M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $3M |
| EBIT | $115M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $45M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$287M |
| OPERATING CASH FLOW | -$102M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | $54M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $259M |
| NET CASH FROM FINANCING | $289M |
| FREE CASH FLOW | -$102M |
| Net Change in Cash | $241M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $229M |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $89M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.0B |
| TOTAL CURRENT LIABILITIES | $14.0B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $261M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $751M |
| Treasury Stock | -$99M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $2.9B |
| Net Debt | $1.6B |
