| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $175M | $159M | -4.1% | 5.3% |
| Op. Income | $65M | $73M | $63M | -10.6% | 3.3% |
| Gross Margin | 90.7% | 91.8% | 92.9% | -1.0pp | -2.2pp |
| Net Margin | 26.6% | 29.3% | 27.8% | -2.6pp | -1.2pp |
| EPS (Diluted) | $1.05 | $1.20 | $1.03 | -12.5% | 1.9% |
| Free Cash Flow | $48M | $37M | $31M | 30.3% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $52M |
| SG&A Expenses | $53M |
| Other Expenses | $34M |
| Operating Expenses | $87M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $65M |
| Interest Income | $124M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $3M |
| EBIT | $65M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $52M |
| SG&A Expenses | $53M |
| Other Expenses | $34M |
| Operating Expenses | $87M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $65M |
| Interest Income | $124M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $3M |
| EBIT | $65M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$270M |
| Sales/Maturities of Investments | $355M |
| Other Investing Activities | -$277M |
| NET CASH FROM INVESTING | -$200M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $308M |
| NET CASH FROM FINANCING | $274M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $2.3B |
| Net Receivables | $262M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $120M |
| Goodwill | $32M |
| Intangible Assets | $24M |
| Long-Term Investments | $13.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $17.0B |
| Account Payables | $5M |
| Short-Term Debt | $505M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.8B |
| TOTAL CURRENT LIABILITIES | $15.3B |
| Long-Term Debt | $257M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $15.8B |
| Common Stock | $576.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$786M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $17.0B |
| Total Debt | $773M |
| Net Debt | $641M |
