| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | $139M | $130M | -0.8% | 5.9% |
| Op. Income | $69M | $64M | $69M | 7.9% | 0.9% |
| Gross Margin | 88.2% | 85.0% | 92.7% | 3.2pp | -4.5pp |
| Net Margin | 35.6% | 34.6% | 35.5% | 1.0pp | 0.0pp |
| EPS (Diluted) | $0.61 | $0.60 | $0.57 | 1.7% | 7.0% |
| Free Cash Flow | $53M | $63M | $40M | -16.4% | 32.5% |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $871.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $20M |
| Operating Expenses | $52M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $69M |
| Interest Income | $131M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $2M |
| EBIT | $69M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $871.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $20M |
| Operating Expenses | $52M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $69M |
| Interest Income | $131M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $2M |
| EBIT | $69M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $185M |
| Other Investing Activities | -$169M |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$292M |
| NET CASH FROM FINANCING | -$333M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$365M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $1.9B |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $105M |
| Goodwill | $372M |
| Intangible Assets | $3M |
| Long-Term Investments | $11.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$83M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $0 |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $462M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $629M |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $880.0K |
| Additional Paid-In Capital | $893M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$240M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $612M |
| Net Debt | $421M |
