| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $103M | $92M | 2.8% | 14.8% |
| Op. Income | $34M | $31M | $31M | 10.1% | 9.6% |
| Gross Margin | 88.1% | 87.7% | 91.0% | 0.4pp | -2.8pp |
| Net Margin | 25.3% | 8.9% | 23.0% | 16.4pp | 2.3pp |
| EPS (Diluted) | $0.70 | $0.24 | $0.59 | 191.7% | 18.6% |
| Free Cash Flow | $47M | $32M | $12M | 46.3% | 293.6% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $25M |
| Operating Expenses | $59M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $34M |
| Interest Income | $80M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $25M |
| Operating Expenses | $59M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $34M |
| Interest Income | $80M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$136M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$71M |
| NET CASH FROM INVESTING | -$158M |
| Net Debt Issuance | $305M |
| Common Stock Repurchased | -$960.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$186M |
| NET CASH FROM FINANCING | $114M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $849M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $973M |
| PP&E (Net) | $116M |
| Goodwill | $209M |
| Intangible Assets | $13M |
| Long-Term Investments | $6.3B |
| Tax Assets | $29M |
| Other Non-Current Assets | $377M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $0 |
| Short-Term Debt | $503M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $641M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$437M |
| TOTAL NON-CURRENT LIABILITIES | $204M |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $40M |
| Additional Paid-In Capital | $559M |
| Retained Earnings | $296M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $869M |
| Minority Interest | $0 |
| TOTAL EQUITY | $869M |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
