| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $138M | $121M | 9.2% | 23.9% |
| Op. Income | $107M | $99M | $83M | 8.5% | 28.7% |
| Gross Margin | 97.1% | 98.7% | 95.9% | -1.6pp | 1.2pp |
| Net Margin | 52.2% | 52.4% | 49.2% | -0.2pp | 2.9pp |
| EPS (Diluted) | $0.82 | $0.77 | $0.65 | 6.5% | 26.2% |
| Free Cash Flow | $107M | $66M | $76M | 62.3% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $985.0K |
| EBIT | $109M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $985.0K |
| EBIT | $109M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $985.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$855.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$335M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$276M |
| Net Debt Issuance | -$31.0K |
| Common Stock Repurchased | -$90.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $198M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $297M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $384M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | -$15M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $173M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $198M |
| Other Non-Current Liabilities | $333M |
| TOTAL NON-CURRENT LIABILITIES | $705M |
| TOTAL LIABILITIES | $705M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $653M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $173M |
| Net Debt | $116M |
