FY 2011 Earnings

Reported December 30, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$104M	—	$99M	—	5.1%
Op. Income	$16M	—	$9M	—	83.3%
Gross Margin	89.2%	—	82.2%	—	7.0pp
Net Margin	10.3%	—	5.9%	—	4.4pp
EPS (Diluted)	$0.80	—	$0.44	—	81.8%

Revenue Flow

Item	Amount
REVENUE	$104M
Cost of Revenue	$11M
GROSS PROFIT	$93M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$45M
SG&A Expenses	$45M
Other Expenses	$32M
Operating Expenses	$77M
Cost & Expenses	$88M
OPERATING INCOME	$16M
Interest Income	$47M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$16M
Income Tax Expense	$5M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$0
EBIT	$16M
EBITDA	$16M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$104M
Cost of Revenue	$11M
GROSS PROFIT	$93M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$45M
SG&A Expenses	$45M
Other Expenses	$32M
Operating Expenses	$77M
Cost & Expenses	$88M
OPERATING INCOME	$16M
Interest Income	$47M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$16M
Income Tax Expense	$5M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$0
EBIT	$16M
EBITDA	$16M
EPS	$1
EPS Diluted	$1

Balance Sheet

Item	Amount
Cash & Equivalents	$59M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$59M
PP&E (Net)	$90M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$988M
Tax Assets	$0
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.2B
Account Payables	$16M
Short-Term Debt	$6M
Deferred Revenue	$0
Other Current Liabilities	$985M
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$22M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$22M
TOTAL LIABILITIES	$1.0B
Common Stock	$22M
Additional Paid-In Capital	$0
Retained Earnings	$83M
Treasury Stock	$0
Accum. Other Comp. Income	$4M
Other Equity	-$2M
TOTAL STOCKHOLDERS' EQUITY	$127M
Minority Interest	$0
TOTAL EQUITY	$127M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$28M
Net Debt	-$31M