| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $47M | $44M | 10.3% | 16.4% |
| Op. Income | $24M | $21M | $18M | 12.8% | 34.8% |
| Gross Margin | 91.4% | 89.8% | 91.7% | 1.7pp | -0.3pp |
| Net Margin | 31.0% | 31.2% | 26.3% | -0.3pp | 4.6pp |
| EPS (Diluted) | $1.04 | $0.97 | $0.78 | 7.2% | 33.3% |
| Free Cash Flow | $18M | $16M | $14M | 17.4% | 28.3% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $733.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $10M |
| Operating Expenses | $24M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $24M |
| Interest Income | $34M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $733.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $10M |
| Operating Expenses | $24M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $24M |
| Interest Income | $34M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $780.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $16.0K |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $161M |
| NET CASH FROM FINANCING | $121M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $470M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $670M |
| PP&E (Net) | $74M |
| Goodwill | $0 |
| Intangible Assets | $79M |
| Long-Term Investments | $3.1B |
| Tax Assets | $25M |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $0 |
| Short-Term Debt | $187M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $48M |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $426M |
| Treasury Stock | -$126M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $482M |
| Minority Interest | $0 |
| TOTAL EQUITY | $482M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $203M |
| Net Debt | $12M |
