| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $69M | $66M | 3.8% | 7.5% |
| Op. Income | $25M | $24M | $23M | 4.2% | 8.8% |
| Gross Margin | 70.9% | 70.7% | 69.3% | 0.2pp | 1.6pp |
| Net Margin | 24.7% | 23.1% | 22.9% | 1.5pp | 1.7pp |
| EPS (Diluted) | $0.51 | $0.46 | $0.46 | 10.9% | 10.9% |
| Free Cash Flow | $25M | $48M | $25M | -48.8% | -3.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $22M |
| Operating Expenses | $25M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $19M |
| EBIT | $25M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $22M |
| Operating Expenses | $25M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $19M |
| EBIT | $25M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$333.0K |
| Other Non-Cash Items | $114.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $6.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.0K |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $0 |
| Goodwill | $990.0K |
| Intangible Assets | $12M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $196M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $913M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $932M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$317M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $749M |
| Minority Interest | $2M |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
