| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $92M | $83M | 5.9% | 17.8% |
| Op. Income | $37M | $33M | $29M | 13.6% | 26.9% |
| Gross Margin | 90.4% | 90.2% | 93.3% | 0.2pp | -2.9pp |
| Net Margin | 20.0% | 23.5% | 22.5% | -3.6pp | -2.5pp |
| EPS (Diluted) | $0.59 | $0.67 | $0.58 | -11.9% | 1.7% |
| Free Cash Flow | $21M | $18M | $17M | 16.9% | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $32M |
| SG&A Expenses | $34M |
| Other Expenses | $17M |
| Operating Expenses | $51M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $37M |
| Interest Income | $65M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $37M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $32M |
| SG&A Expenses | $34M |
| Other Expenses | $17M |
| Operating Expenses | $51M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $37M |
| Interest Income | $65M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $37M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $361.0K |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $379.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $113M |
| NET CASH FROM FINANCING | $106M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $462M |
| Net Receivables | $150M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $134M |
| Goodwill | $54M |
| Intangible Assets | $11M |
| Long-Term Investments | $4.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $30M |
| Short-Term Debt | $900.0K |
| 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 | $32M |
| Additional Paid-In Capital | $107M |
| Retained Earnings | $639M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $776M |
| Minority Interest | $0 |
| TOTAL EQUITY | $776M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $33M |
| Net Debt | -$1.7B |
