| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $271M | — | 9.0% | — |
| Op. Income | $105M | $92M | — | 13.9% | — |
| Gross Margin | 69.2% | 68.9% | — | 0.3pp | — |
| Net Margin | 19.3% | 21.1% | — | -1.8pp | — |
| EPS (Diluted) | $0.13 | $0.13 | — | 0.0% | — |
| Free Cash Flow | -$33M | -$59M | — | 44.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $51M |
| Operating Expenses | $100M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $105M |
| Interest Income | $273M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $5M |
| EBIT | $105M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $51M |
| Operating Expenses | $100M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $105M |
| Interest Income | $273M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $5M |
| EBIT | $105M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $48M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$185M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $888M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $412M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $213M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $87M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $14.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $188M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $0 |
| Short-Term Debt | $350M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.2B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $15.5B |
| Common Stock | $87M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $531M |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $1.9B |
| Net Debt | $473M |
