| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | — | $87M | — | 90.8% |
| Op. Income | $127M | — | $62M | — | 104.1% |
| Gross Margin | 80.1% | — | 71.9% | — | 8.2pp |
| Net Margin | 70.0% | — | 64.4% | — | 5.6pp |
| EPS (Diluted) | $0.56 | — | $0.27 | — | 107.4% |
| Free Cash Flow | -$39M | — | $108M | — | -136.2% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $127M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $6M |
| EBIT | $127M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $127M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $6M |
| EBIT | $127M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$124M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$445.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$445.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | -$45M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $2M |
| Goodwill | $134M |
| Intangible Assets | $28M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.3B |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$30M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $701M |
| Common Stock | $351M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $423M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $799M |
| Minority Interest | $0 |
| TOTAL EQUITY | $799M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $487M |
| Net Debt | $352M |
