| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $100M | $95M | 5.0% | 10.2% |
| Op. Income | $27M | $28M | $29M | -1.9% | -4.9% |
| Gross Margin | 83.3% | 83.2% | 89.4% | 0.0pp | -6.1pp |
| Net Margin | 14.5% | 20.7% | 21.9% | -6.2pp | -7.4pp |
| EPS (Diluted) | $0.35 | $0.47 | $0.48 | -25.5% | -27.1% |
| Free Cash Flow | $13M | $46M | $23M | -71.8% | -43.0% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $20M |
| Operating Expenses | $60M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $27M |
| Interest Income | $87M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $27M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $20M |
| Operating Expenses | $60M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $27M |
| Interest Income | $87M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $27M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$242M |
| NET CASH FROM INVESTING | -$255M |
| Net Debt Issuance | $167M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $105M |
| NET CASH FROM FINANCING | $262M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $974M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $120M |
| Goodwill | $299M |
| Intangible Assets | $15M |
| Long-Term Investments | $7.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $0 |
| Short-Term Debt | $794M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.0B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $425M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $483M |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $58M |
| Additional Paid-In Capital | $610M |
| Retained Earnings | $379M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$884.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
