| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $224M | $234M | $207M | -4.1% | 8.3% |
| Op. Income | $64M | $68M | $51M | -6.2% | 26.9% |
| Gross Margin | 82.6% | 82.7% | 81.5% | -0.1pp | 1.0pp |
| Net Margin | 20.6% | 21.4% | 17.5% | -0.9pp | 3.1pp |
| EPS (Diluted) | $0.17 | $0.19 | $0.14 | -10.5% | 21.4% |
| Free Cash Flow | $66M | $272M | $55M | -75.9% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $50M |
| Operating Expenses | $121M |
| Cost & Expenses | $160M |
| OPERATING INCOME | $64M |
| Interest Income | $198M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $9M |
| EBIT | $64M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $50M |
| Operating Expenses | $121M |
| Cost & Expenses | $160M |
| OPERATING INCOME | $64M |
| Interest Income | $198M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $9M |
| EBIT | $64M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $53M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$260M |
| Sales/Maturities of Investments | $128M |
| Other Investing Activities | -$322M |
| NET CASH FROM INVESTING | -$454M |
| Net Debt Issuance | $764M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$400M |
| NET CASH FROM FINANCING | $333M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $1.5B |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $289M |
| Goodwill | $691M |
| Intangible Assets | $45M |
| Long-Term Investments | $19.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $985M |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.3B |
| TOTAL CURRENT LIABILITIES | $19.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $20.8B |
| Common Stock | $92M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $188M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $3.3B |
| Net Debt | $3.0B |
