| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $83M | $79M | 5.2% | 10.0% |
| Op. Income | $33M | $29M | $25M | 14.0% | 31.7% |
| Gross Margin | 95.0% | 93.3% | 90.3% | 1.7pp | 4.8pp |
| Net Margin | 25.3% | 22.5% | 20.9% | 2.8pp | 4.4pp |
| EPS (Diluted) | $0.68 | $0.58 | $0.53 | 17.2% | 28.3% |
| Free Cash Flow | $29M | $17M | $26M | 70.8% | 11.8% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $16M |
| Operating Expenses | $50M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $33M |
| Interest Income | $59M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $33M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $16M |
| Operating Expenses | $50M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $33M |
| Interest Income | $59M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $33M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $222.0K |
| Deferred Income Tax | -$485.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $620.0K |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $300.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $147M |
| NET CASH FROM FINANCING | $144M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $459M |
| Net Receivables | $140M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $127M |
| Goodwill | $54M |
| Intangible Assets | $13M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $32M |
| Short-Term Debt | $800.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $16M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $594M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $730M |
| Minority Interest | $0 |
| TOTAL EQUITY | $730M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $33M |
| Net Debt | -$2.0B |
