| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $144M | $114M | 1.7% | 27.7% |
| Op. Income | $52M | $48M | $36M | 9.4% | 44.0% |
| Gross Margin | 94.9% | 93.7% | 96.1% | 1.2pp | -1.2pp |
| Net Margin | 27.5% | 50.2% | 23.0% | -22.7pp | 4.5pp |
| EPS (Diluted) | $0.78 | $1.40 | $0.57 | -44.3% | 36.8% |
| Free Cash Flow | $59M | $48M | $41M | 24.6% | 46.5% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $61M |
| SG&A Expenses | $63M |
| Other Expenses | $24M |
| Operating Expenses | $86M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $52M |
| Interest Income | $88M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $9M |
| EBIT | $52M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $61M |
| SG&A Expenses | $63M |
| Other Expenses | $24M |
| Operating Expenses | $86M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $52M |
| Interest Income | $88M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $9M |
| EBIT | $52M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $997.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | -$81.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $326M |
| NET CASH FROM FINANCING | $230M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $323M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $544M |
| Short-Term Investments | $3.0B |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $121M |
| Goodwill | $734M |
| Intangible Assets | $87M |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $159M |
| Short-Term Debt | $280M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $51M |
| Additional Paid-In Capital | $898M |
| Retained Earnings | $723M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $405M |
| Net Debt | -$139M |
