| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $238M | $234M | 4.4% | 6.1% |
| Op. Income | $61M | $57M | $68M | 7.6% | -10.8% |
| Gross Margin | 79.6% | 79.6% | 82.7% | -0.1pp | -3.1pp |
| Net Margin | 10.5% | 16.7% | 21.4% | -6.2pp | -10.9pp |
| EPS (Diluted) | $0.09 | $0.14 | $0.19 | -35.7% | -52.6% |
| Free Cash Flow | $189M | $181M | $272M | 4.9% | -30.2% |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $69M |
| Operating Expenses | $136M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $61M |
| Interest Income | $221M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $61M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $69M |
| Operating Expenses | $136M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $61M |
| Interest Income | $221M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $61M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $188M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $189M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$211M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | -$218M |
| NET CASH FROM INVESTING | -$295M |
| Net Debt Issuance | -$634M |
| Common Stock Repurchased | -$361.0K |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $841M |
| NET CASH FROM FINANCING | $178M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416M |
| Short-Term Investments | $1.5B |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $288M |
| Goodwill | $691M |
| Intangible Assets | $43M |
| Long-Term Investments | $20.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $929M |
| TOTAL NON-CURRENT ASSETS | $22.0B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $0 |
| Short-Term Debt | $849M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.2B |
| TOTAL CURRENT LIABILITIES | $19.2B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $21.5B |
| Common Stock | $93M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $217M |
| Treasury Stock | -$337.0K |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $3.1B |
| Net Debt | $2.7B |
