| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $126M | $120M | -1.3% | 3.0% |
| Op. Income | $36M | $38M | $36M | -6.0% | -0.5% |
| Gross Margin | 94.3% | 94.6% | 94.9% | -0.3pp | -0.6pp |
| Net Margin | 20.2% | 20.2% | 19.8% | -0.0pp | 0.4pp |
| EPS (Diluted) | $0.76 | $0.77 | $0.70 | -1.3% | 8.6% |
| Free Cash Flow | $33M | $55M | $24M | -40.9% | 34.8% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $29M |
| Operating Expenses | $81M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $36M |
| Interest Income | $105M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $29M |
| Operating Expenses | $81M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $36M |
| Interest Income | $105M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$228M |
| NET CASH FROM INVESTING | -$279M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | $212M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $1.3B |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $160M |
| Goodwill | $245M |
| Intangible Assets | $25M |
| Long-Term Investments | $8.0B |
| Tax Assets | $119M |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $464M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $505M |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $464M |
| Net Debt | $223M |
