| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $86M | $76M | -0.6% | 12.3% |
| Op. Income | $48M | $50M | $45M | -3.6% | 8.9% |
| Gross Margin | 98.6% | 99.8% | 103.3% | -1.2pp | -4.6pp |
| Net Margin | 40.9% | 20.7% | 37.4% | 20.2pp | 3.5pp |
| EPS (Diluted) | $0.32 | $0.16 | $0.26 | 100.0% | 23.1% |
| Free Cash Flow | $45M | $30M | $56M | 49.2% | -19.4% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $11M |
| Operating Expenses | $36M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $48M |
| Interest Income | $72M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $257.0K |
| EBIT | $48M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $11M |
| Operating Expenses | $36M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $48M |
| Interest Income | $72M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $257.0K |
| EBIT | $48M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $257.0K |
| Stock-Based Compensation | $736.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$716.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $135M |
| Other Investing Activities | $56M |
| NET CASH FROM INVESTING | $185M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$792.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $97M |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $312M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $466M |
| Short-Term Investments | $1.9B |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $46M |
| Goodwill | $117M |
| Intangible Assets | $7M |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $189M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $0 |
| Short-Term Debt | $487M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $574M |
| Additional Paid-In Capital | $574M |
| Retained Earnings | $513M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$595M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $513M |
| Net Debt | $47M |
