| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $86M | $79M | 3.2% | 13.1% |
| Op. Income | $47M | $45M | $40M | 4.7% | 18.2% |
| Gross Margin | 86.1% | 87.0% | 87.3% | -0.9pp | -1.2pp |
| Net Margin | 33.5% | 32.2% | 31.1% | 1.4pp | 2.4pp |
| EPS (Diluted) | $0.87 | $0.81 | $0.72 | 7.4% | 20.8% |
| Free Cash Flow | $61M | -$10M | $16M | 701.8% | 285.5% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $732.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $30M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $47M |
| Interest Income | $82M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $2M |
| EBIT | $47M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $732.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $30M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $47M |
| Interest Income | $82M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $2M |
| EBIT | $47M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$633.0K |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$588.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$161M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $46M |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $440M |
| Short-Term Investments | $556M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $996M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $107M |
| Long-Term Investments | $6.0B |
| Tax Assets | $45M |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $0 |
| Short-Term Debt | $274M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $217M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $340.0K |
| Additional Paid-In Capital | $519M |
| Retained Earnings | $416M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$949.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $934M |
| Minority Interest | $0 |
| TOTAL EQUITY | $934M |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $490M |
| Net Debt | $50M |
