| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $372M | $309M | 1.4% | 22.0% |
| Op. Income | $113M | $117M | $113M | -3.2% | -0.2% |
| Gross Margin | 61.4% | 62.6% | 68.4% | -1.2pp | -7.0pp |
| Net Margin | 12.5% | 20.5% | 22.7% | -8.1pp | -10.3pp |
| EPS (Diluted) | $0.11 | $0.17 | $0.16 | -35.3% | -31.3% |
| Free Cash Flow | -$46M | -$16M | -$62M | -190.5% | 25.9% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $55M |
| Operating Expenses | $119M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $113M |
| Interest Income | $399M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $3M |
| EBIT | $113M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $55M |
| Operating Expenses | $119M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $113M |
| Interest Income | $399M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $3M |
| EBIT | $113M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$195M |
| Other Non-Cash Items | $94M |
| Change in Working Capital | -$751.0K |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$369M |
| NET CASH FROM INVESTING | -$381M |
| Net Debt Issuance | $235M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $482M |
| NET CASH FROM FINANCING | $714M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | $287M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $244M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $90M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $21.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.7B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $282M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $89M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $868M |
| Treasury Stock | -$108M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $3.3B |
| Net Debt | $1.7B |
