| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $141M | $112M | 1.5% | 28.6% |
| Op. Income | $48M | $51M | $40M | -7.1% | 20.2% |
| Gross Margin | 93.7% | 95.5% | 95.2% | -1.7pp | -1.4pp |
| Net Margin | 50.2% | 24.9% | 23.6% | 25.3pp | 26.5pp |
| EPS (Diluted) | $1.40 | $0.68 | $0.59 | 105.9% | 137.3% |
| Free Cash Flow | $48M | $44M | $27M | 7.3% | 79.8% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $60M |
| SG&A Expenses | $62M |
| Other Expenses | $25M |
| Operating Expenses | $87M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $48M |
| Interest Income | $90M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $60M |
| SG&A Expenses | $62M |
| Other Expenses | $25M |
| Operating Expenses | $87M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $48M |
| Interest Income | $90M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | -$80.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$162M |
| NET CASH FROM FINANCING | -$127M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | $3.0B |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $123M |
| Goodwill | $734M |
| Intangible Assets | $91M |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $249M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $181M |
| Short-Term Debt | $361M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $9.0B |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $51M |
| Additional Paid-In Capital | $895M |
| Retained Earnings | $701M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $13M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $486M |
| Net Debt | $265M |
