| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $133M | — | -0.5% | — |
| Op. Income | $37M | $39M | — | -5.3% | — |
| Gross Margin | 92.8% | 91.6% | — | 1.2pp | — |
| Net Margin | 21.9% | 23.3% | — | -1.4pp | — |
| EPS (Diluted) | $0.43 | $0.46 | — | -6.5% | — |
| Free Cash Flow | $100M | $21M | — | 368.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $24M |
| Operating Expenses | $85M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $37M |
| Interest Income | $105M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $9M |
| EBIT | $37M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $24M |
| Operating Expenses | $85M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $37M |
| Interest Income | $105M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $9M |
| EBIT | $37M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$209M |
| Sales/Maturities of Investments | $199M |
| Other Investing Activities | -$329M |
| NET CASH FROM INVESTING | -$343M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$750.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $395M |
| NET CASH FROM FINANCING | $180M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $328M |
| Short-Term Investments | $2.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $179M |
| Goodwill | $366M |
| Intangible Assets | $101M |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $641M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $467M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $14M |
| Additional Paid-In Capital | $367M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
