| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $168M | $161M | 1.5% | 5.7% |
| Op. Income | $66M | $65M | $62M | 1.6% | 6.7% |
| Gross Margin | 90.3% | 90.7% | 92.2% | -0.4pp | -1.9pp |
| Net Margin | 27.0% | 26.6% | 27.0% | 0.3pp | -0.1pp |
| EPS (Diluted) | $1.08 | $1.05 | $1.02 | 2.9% | 5.9% |
| Free Cash Flow | $40M | $48M | $45M | -18.0% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $53M |
| SG&A Expenses | $55M |
| Other Expenses | $33M |
| Operating Expenses | $88M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $66M |
| Interest Income | $129M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $3M |
| EBIT | $66M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $53M |
| SG&A Expenses | $55M |
| Other Expenses | $33M |
| Operating Expenses | $88M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $66M |
| Interest Income | $129M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $3M |
| EBIT | $66M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $236.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$528M |
| Sales/Maturities of Investments | $334M |
| Other Investing Activities | -$188M |
| NET CASH FROM INVESTING | -$391M |
| Net Debt Issuance | $1.0K |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $264M |
| NET CASH FROM FINANCING | $229M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $249M |
| Short-Term Investments | $2.3B |
| Net Receivables | $287M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $125M |
| Goodwill | $32M |
| Intangible Assets | $24M |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $808M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.3B |
| Account Payables | $7M |
| Short-Term Debt | $505M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.0B |
| TOTAL CURRENT LIABILITIES | $15.6B |
| Long-Term Debt | $257M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $480M |
| TOTAL LIABILITIES | $16.0B |
| Common Stock | $576.0K |
| Additional Paid-In Capital | $559M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$798M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $17.3B |
| Total Debt | $773M |
| Net Debt | $525M |
