| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $88M | $77M | -2.0% | 11.2% |
| Op. Income | $11M | $27M | $9M | -59.6% | 17.3% |
| Gross Margin | 77.5% | 94.3% | 75.7% | -16.8pp | 1.8pp |
| Net Margin | 11.0% | 10.1% | 8.4% | 0.9pp | 2.6pp |
| EPS (Diluted) | $0.27 | $0.25 | $0.19 | 8.0% | 42.1% |
| Free Cash Flow | $12M | -$24M | $13M | 149.1% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $20M |
| Operating Expenses | $56M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $11M |
| Interest Income | $72M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $20M |
| Operating Expenses | $56M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $11M |
| Interest Income | $72M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $119M |
| NET CASH FROM INVESTING | $121M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $1.7B |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $122M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $6.0B |
| Tax Assets | $24M |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.3B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $357M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $712M |
| Minority Interest | $0 |
| TOTAL EQUITY | $712M |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
