| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $58M | $53M | 0.7% | 9.5% |
| Op. Income | $19M | $31M | $18M | -37.4% | 7.1% |
| Gross Margin | 70.5% | 74.3% | 72.9% | -3.9pp | -2.4pp |
| Net Margin | 25.3% | 26.6% | 21.0% | -1.3pp | 4.3pp |
| EPS (Diluted) | $0.39 | $0.41 | $0.30 | -4.9% | 30.0% |
| Free Cash Flow | $11M | $6M | $13M | 95.8% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $19M |
| Interest Income | $55M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $19M |
| Interest Income | $55M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $388.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$190M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | $128M |
| NET CASH FROM INVESTING | $95M |
| Net Debt Issuance | -$160M |
| Common Stock Repurchased | -$426.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $354M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $25M |
| Goodwill | $56M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $209M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $537.0K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | $545M |
| Treasury Stock | -$204M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $608M |
| Minority Interest | $0 |
| TOTAL EQUITY | $608M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.1B |
| Net Debt | $935M |
