| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $224M | $199M | 12.7% | 27.3% |
| Op. Income | $89M | $77M | $67M | 15.1% | 32.8% |
| Gross Margin | 78.9% | 83.0% | 81.0% | -4.0pp | -2.1pp |
| Net Margin | 23.2% | 22.8% | 21.5% | 0.4pp | 1.7pp |
| EPS (Diluted) | $1.12 | $0.97 | $0.87 | 15.5% | 28.7% |
| Free Cash Flow | -$54M | $27M | -$360M | -299.5% | 85.1% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $80M |
| SG&A Expenses | $87M |
| Other Expenses | $24M |
| Operating Expenses | $111M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $89M |
| Interest Income | $238M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $7M |
| EBIT | $89M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $80M |
| SG&A Expenses | $87M |
| Other Expenses | $24M |
| Operating Expenses | $111M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $89M |
| Interest Income | $238M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $7M |
| EBIT | $89M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$107M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$510.0K |
| Sales/Maturities of Investments | $95M |
| Other Investing Activities | -$1.0B |
| NET CASH FROM INVESTING | -$927M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $232M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $24M |
| Net Receivables | $511M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $24M |
| Goodwill | $19M |
| Intangible Assets | $78M |
| Long-Term Investments | $21.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $24.4B |
| Account Payables | $5M |
| Short-Term Debt | $83M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.1B |
| TOTAL CURRENT LIABILITIES | $19.2B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $179M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $22.2B |
| Common Stock | $496.0K |
| Additional Paid-In Capital | $959M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$8.0K |
| Accum. Other Comp. Income | $429.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $24.4B |
| Total Debt | $3.0B |
| Net Debt | $502M |
