| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $283M | $282M | $265M | 0.2% | 6.8% |
| Op. Income | $81M | $82M | $70M | -0.1% | 15.5% |
| Gross Margin | 86.7% | 86.3% | 84.2% | 0.4pp | 2.5pp |
| Net Margin | 21.0% | 20.4% | 17.8% | 0.6pp | 3.3pp |
| EPS (Diluted) | $0.62 | $0.60 | $0.51 | 3.3% | 21.6% |
| Free Cash Flow | $137M | $202M | $2M | -32.2% | 8957.6% |
| Item | Amount |
|---|---|
| REVENUE | $283M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $94M |
| SG&A Expenses | $100M |
| Other Expenses | $64M |
| Operating Expenses | $164M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $81M |
| Interest Income | $220M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | -$105.0K |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $10M |
| EBIT | $81M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $283M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $94M |
| SG&A Expenses | $100M |
| Other Expenses | $64M |
| Operating Expenses | $164M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $81M |
| Interest Income | $220M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | -$105.0K |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $10M |
| EBIT | $81M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$287M |
| Sales/Maturities of Investments | $337M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$920M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $798M |
| NET CASH FROM FINANCING | -$156M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $2.9B |
| Net Receivables | $615M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $135M |
| Goodwill | $538M |
| Intangible Assets | $33M |
| Long-Term Investments | $20.5B |
| Tax Assets | $77M |
| Other Non-Current Assets | $965M |
| TOTAL NON-CURRENT ASSETS | $22.3B |
| TOTAL ASSETS | $26.0B |
| Account Payables | $0 |
| Short-Term Debt | $808M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.2B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $23.4B |
| Common Stock | $937.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $26.0B |
| Total Debt | $3.0B |
| Net Debt | $2.7B |
