| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $248M | $224M | 20.8% | 33.7% |
| Op. Income | $55M | $61M | $64M | -9.7% | -14.1% |
| Gross Margin | 76.4% | 79.6% | 82.6% | -3.2pp | -6.2pp |
| Net Margin | 14.0% | 10.5% | 20.6% | 3.5pp | -6.6pp |
| EPS (Diluted) | $0.12 | $0.09 | $0.17 | 33.3% | -29.4% |
| Free Cash Flow | $86M | $189M | $66M | -54.7% | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $75M |
| Operating Expenses | $174M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $55M |
| Interest Income | $267M |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $12M |
| EBIT | $55M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $75M |
| Operating Expenses | $174M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $55M |
| Interest Income | $267M |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $12M |
| EBIT | $55M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $157M |
| Purchases of Investments | -$227M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | -$472M |
| NET CASH FROM INVESTING | -$384M |
| Net Debt Issuance | $170M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $242M |
| NET CASH FROM FINANCING | $379M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $497M |
| Short-Term Investments | $49M |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $632M |
| PP&E (Net) | $347M |
| Goodwill | $1.1B |
| Intangible Assets | $86M |
| Long-Term Investments | $26.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $28.8B |
| TOTAL ASSETS | $29.5B |
| Account Payables | $0 |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.0B |
| TOTAL CURRENT LIABILITIES | $23.8B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $26.2B |
| Common Stock | $116M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $200M |
| Treasury Stock | -$158.0K |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $29.5B |
| Total Debt | $4.0B |
| Net Debt | $3.5B |
