| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $54M | $50M | 6.7% | 14.9% |
| Op. Income | $26M | $26M | $21M | -0.1% | 25.6% |
| Gross Margin | 87.5% | 93.4% | 88.5% | -5.9pp | -1.0pp |
| Net Margin | 36.1% | 39.0% | 27.9% | -3.0pp | 8.2pp |
| EPS (Diluted) | $1.33 | $1.35 | $0.89 | -1.5% | 49.4% |
| Free Cash Flow | $19M | $22M | $13M | -15.9% | 44.4% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $808.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $24M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $26M |
| Interest Income | $43M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $26M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $808.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $24M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $26M |
| Interest Income | $43M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $26M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $455.0K |
| Deferred Income Tax | $140.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$540.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $563M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $880M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $78M |
| Long-Term Investments | $3.2B |
| Tax Assets | $16M |
| Other Non-Current Assets | $157M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $0 |
| Short-Term Debt | $390M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $48M |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $484M |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $512M |
| Minority Interest | $0 |
| TOTAL EQUITY | $512M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $407M |
| Net Debt | $101M |
