| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $142M | $133M | 14.0% | 21.5% |
| Op. Income | $85M | $67M | $62M | 27.0% | 37.2% |
| Gross Margin | 87.1% | 87.1% | 84.7% | -0.0pp | 2.4pp |
| Net Margin | 30.8% | 36.3% | 34.7% | -5.5pp | -3.9pp |
| EPS (Diluted) | $0.61 | $0.64 | $0.58 | -4.7% | 5.2% |
| Free Cash Flow | -$6M | $75M | $78M | -107.8% | -107.6% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $20M |
| Operating Expenses | $56M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $85M |
| Interest Income | $154M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $2M |
| EBIT | $85M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $20M |
| Operating Expenses | $56M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $85M |
| Interest Income | $154M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $2M |
| EBIT | $85M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $742.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$328M |
| NET CASH FROM INVESTING | -$237M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $234M |
| NET CASH FROM FINANCING | $308M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $1.9B |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $108M |
| Goodwill | $372M |
| Intangible Assets | $9M |
| Long-Term Investments | $13.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $0 |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $732M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $366M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $890.0K |
| Additional Paid-In Capital | $933M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$240M |
| Accum. Other Comp. Income | -$217.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $832M |
| Net Debt | $664M |
