| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $119M | $119M | 6.0% | 6.1% |
| Op. Income | $37M | $41M | $36M | -10.6% | 4.0% |
| Gross Margin | 94.1% | 94.0% | 94.8% | 0.2pp | -0.7pp |
| Net Margin | 22.8% | -11.4% | 20.0% | 34.1pp | 2.8pp |
| EPS (Diluted) | $0.89 | $-0.41 | $0.72 | 317.1% | 23.6% |
| Free Cash Flow | -$80M | $66M | $182M | -221.2% | -143.8% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $29M |
| Operating Expenses | $82M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $37M |
| Interest Income | $105M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $5M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $29M |
| Operating Expenses | $82M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $37M |
| Interest Income | $105M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $5M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$104M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$75M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$543M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$478M |
| Net Debt Issuance | $198M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $360M |
| NET CASH FROM FINANCING | $534M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $1.4B |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $156M |
| Goodwill | $243M |
| Intangible Assets | $21M |
| Long-Term Investments | $7.9B |
| Tax Assets | $77M |
| Other Non-Current Assets | $271M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $407M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $448M |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $407M |
| Net Debt | $165M |
