| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | $439M | $316M | -26.9% | 1.6% |
| Op. Income | $9M | $42M | $10M | -78.6% | -10.0% |
| Gross Margin | 95.0% | 95.4% | 94.9% | -0.4pp | 0.1pp |
| Net Margin | -26.2% | 5.7% | 0.3% | -31.9pp | -26.5pp |
| EPS (Diluted) | $-0.60 | $0.18 | $0.01 | -433.3% | -6100.0% |
| Free Cash Flow | $3M | -$150M | $30M | 102.0% | -90.0% |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $305M |
| R&D Expenses | $58M |
| Selling & Marketing | $167M |
| General & Administrative | $100M |
| SG&A Expenses | $267M |
| Other Expenses | -$6M |
| Operating Expenses | $296M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $29M |
| EBIT | $9M |
| EBITDA | $38M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $63M |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $673M |
| Short-Term Investments | $35M |
| Net Receivables | $260M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $993M |
| PP&E (Net) | $263M |
| Goodwill | $758M |
| Intangible Assets | $142M |
| Long-Term Investments | $27M |
| Tax Assets | $16M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $8M |
| Short-Term Debt | $7M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $232M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $230M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $209M |
| TOTAL NON-CURRENT LIABILITIES | $537M |
| TOTAL LIABILITIES | $909M |
| Common Stock | $0 |
| Additional Paid-In Capital | $926M |
| Retained Earnings | $926M |
| Treasury Stock | -$447M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $237M |
| Net Debt | -$436M |
