| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $150M | $126M | 7.3% | 27.5% |
| Op. Income | $105M | $107M | $87M | -1.9% | 20.7% |
| Gross Margin | 89.2% | 97.1% | 96.9% | -8.0pp | -7.8pp |
| Net Margin | 100.9% | 52.2% | 49.6% | 48.8pp | 51.3pp |
| EPS (Diluted) | $1.65 | $0.82 | $0.68 | 101.2% | 142.6% |
| Free Cash Flow | $116M | $107M | $74M | 9.1% | 57.7% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $16M |
| Operating Expenses | $38M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | -$57M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $968.0K |
| EBIT | $107M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $16M |
| Operating Expenses | $38M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | -$57M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $968.0K |
| EBIT | $107M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $968.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$68M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$122.0K |
| Acquisitions (Net) | $178M |
| Purchases of Investments | -$446M |
| Sales/Maturities of Investments | $241M |
| Other Investing Activities | -$178M |
| NET CASH FROM INVESTING | -$205M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | -$248.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $2.3B |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | -$2.3B |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | -$2.3B |
| Tax Assets | -$18M |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $216M |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $249M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $128M |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $734M |
| TOTAL LIABILITIES | $734M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $815M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $249M |
| Net Debt | $205M |
