| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | $291M | $272M | 1.9% | 9.1% |
| Op. Income | $95M | $91M | $76M | 4.5% | 24.3% |
| Gross Margin | 86.4% | 87.6% | 85.4% | -1.1pp | 1.0pp |
| Net Margin | 21.7% | 21.1% | 19.0% | 0.6pp | 2.7pp |
| EPS (Diluted) | $0.67 | $0.64 | $0.54 | 4.7% | 24.1% |
| Free Cash Flow | $112M | $32M | $78M | 251.6% | 42.8% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $95M |
| SG&A Expenses | $99M |
| Other Expenses | $63M |
| Operating Expenses | $162M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $95M |
| Interest Income | $231M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | -$46.0K |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $9M |
| EBIT | $95M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $95M |
| SG&A Expenses | $99M |
| Other Expenses | $63M |
| Operating Expenses | $162M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $95M |
| Interest Income | $231M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | -$46.0K |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $9M |
| EBIT | $95M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$656M |
| Sales/Maturities of Investments | $552M |
| Other Investing Activities | -$153M |
| NET CASH FROM INVESTING | -$267M |
| Net Debt Issuance | -$260M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $429M |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $2.6B |
| Net Receivables | $562M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $130M |
| Goodwill | $538M |
| Intangible Assets | $31M |
| Long-Term Investments | $21.2B |
| Tax Assets | $83M |
| Other Non-Current Assets | $960M |
| TOTAL NON-CURRENT ASSETS | $23.0B |
| TOTAL ASSETS | $26.4B |
| Account Payables | $0 |
| Short-Term Debt | $903M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.9B |
| TOTAL CURRENT LIABILITIES | $22.0B |
| 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 | $23.7B |
| Common Stock | $937.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$75M |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $26.4B |
| Total Debt | $2.6B |
| Net Debt | $2.4B |
