| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $270M | $262M | $199M | 3.2% | 35.5% |
| Op. Income | $91M | $95M | $65M | -3.8% | 39.6% |
| Gross Margin | 79.4% | 84.4% | 85.2% | -5.0pp | -5.7pp |
| Net Margin | 26.6% | 17.1% | 21.3% | 9.5pp | 5.3pp |
| EPS (Diluted) | $1.38 | $0.84 | $0.80 | 64.3% | 72.5% |
| Free Cash Flow | $883.0K | -$13M | $159M | 107.0% | -99.4% |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $85M |
| SG&A Expenses | $94M |
| Other Expenses | $29M |
| Operating Expenses | $123M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $91M |
| Interest Income | $254M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $8M |
| EBIT | $91M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $85M |
| SG&A Expenses | $94M |
| Other Expenses | $29M |
| Operating Expenses | $123M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $91M |
| Interest Income | $254M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $8M |
| EBIT | $91M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $763.0K |
| Other Investing Activities | $238M |
| NET CASH FROM INVESTING | $232M |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$189M |
| NET CASH FROM FINANCING | -$691M |
| FREE CASH FLOW | $883.0K |
| Net Change in Cash | -$454M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $25M |
| Net Receivables | $521M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $28M |
| Goodwill | $19M |
| Intangible Assets | $77M |
| Long-Term Investments | $21.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $24.4B |
| Account Payables | $5M |
| Short-Term Debt | $536M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.8B |
| TOTAL CURRENT LIABILITIES | $19.3B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $22.2B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $963M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$8.0K |
| Accum. Other Comp. Income | $462.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $24.4B |
| Total Debt | $3.2B |
| Net Debt | $804M |
