| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $138M | $110M | 10.0% | 37.5% |
| Op. Income | $43M | $53M | $38M | -18.5% | 14.4% |
| Gross Margin | 93.8% | 95.5% | 97.5% | -1.7pp | -3.7pp |
| Net Margin | 1.6% | 25.5% | 21.9% | -23.9pp | -20.3pp |
| EPS (Diluted) | $0.08 | $1.19 | $1.00 | -93.6% | -92.3% |
| Free Cash Flow | $44M | $70M | $18M | -37.1% | 143.6% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $72M |
| Other Expenses | $27M |
| Operating Expenses | $99M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $43M |
| Interest Income | $118M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $8M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $72M |
| Other Expenses | $27M |
| Operating Expenses | $99M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $43M |
| Interest Income | $118M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $8M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $115M |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $175M |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | $128M |
| Net Debt Issuance | -$209M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$204M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $373M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $256M |
| Goodwill | $1000M |
| Intangible Assets | $105M |
| Long-Term Investments | $10.7B |
| Tax Assets | $46M |
| Other Non-Current Assets | $367M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $0 |
| Short-Term Debt | $387M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $11.9B |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $92M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $420M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $503M |
| Net Debt | $130M |
