| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $149M | $142M | 11.8% | 17.3% |
| Op. Income | $41M | $26M | $17M | 55.1% | 134.2% |
| Gross Margin | 72.8% | 66.1% | 66.0% | 6.6pp | 6.7pp |
| Net Margin | 19.9% | 16.3% | 18.0% | 3.7pp | 1.9pp |
| EPS (Diluted) | $0.15 | $0.11 | $0.11 | 36.4% | 36.4% |
| Free Cash Flow | $90M | $40M | $82M | 128.3% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $33M |
| Operating Expenses | $80M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $41M |
| Interest Income | $149M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $5M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $33M |
| Operating Expenses | $80M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $41M |
| Interest Income | $149M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $5M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | $66M |
| NET CASH FROM INVESTING | $112M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | $127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $747M |
| Short-Term Investments | $1.7B |
| Net Receivables | $307M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $143M |
| Goodwill | $28M |
| Intangible Assets | $13M |
| Long-Term Investments | $8.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $841M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $158M |
| Short-Term Debt | $295M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $804M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $804M |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $22M |
| Additional Paid-In Capital | $936M |
| Retained Earnings | $928M |
| Treasury Stock | -$449.0K |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $1.1B |
| Net Debt | $353M |
