| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $208M | $171M | -4.0% | 16.5% |
| Op. Income | $65M | $75M | $39M | -12.3% | 66.5% |
| Gross Margin | 85.2% | 87.3% | 73.7% | -2.1pp | 11.5pp |
| Net Margin | 21.3% | 23.3% | 14.7% | -2.0pp | 6.7pp |
| EPS (Diluted) | $0.80 | $0.96 | $0.49 | -16.7% | 63.3% |
| Free Cash Flow | $159M | -$300M | $4M | 153.1% | 3480.5% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $76M |
| SG&A Expenses | $80M |
| Other Expenses | $24M |
| Operating Expenses | $104M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $65M |
| Interest Income | $184M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $6M |
| EBIT | $65M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $76M |
| SG&A Expenses | $80M |
| Other Expenses | $24M |
| Operating Expenses | $104M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $65M |
| Interest Income | $184M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $6M |
| EBIT | $65M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $90M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $822M |
| NET CASH FROM INVESTING | $802M |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$378M |
| NET CASH FROM FINANCING | -$883M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $42M |
| Net Receivables | $433M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $21M |
| Goodwill | $19M |
| Intangible Assets | $46M |
| Long-Term Investments | $17.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $17.5B |
| TOTAL ASSETS | $20.9B |
| Account Payables | $3M |
| Short-Term Debt | $142M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.6B |
| TOTAL CURRENT LIABILITIES | $16.8B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $496.0K |
| Additional Paid-In Capital | $956M |
| Retained Earnings | $943M |
| Treasury Stock | -$8.0K |
| Accum. Other Comp. Income | $417.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $20.9B |
| Total Debt | $2.0B |
| Net Debt | -$860M |
