| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $85M | $74M | 6.3% | 21.9% |
| Op. Income | $30M | $31M | $26M | -2.2% | 15.8% |
| Gross Margin | 90.6% | 91.7% | 96.5% | -1.1pp | -5.9pp |
| Net Margin | 4.4% | 25.0% | 24.1% | -20.6pp | -19.7pp |
| EPS (Diluted) | $0.04 | $0.22 | $0.20 | -81.8% | -80.0% |
| Free Cash Flow | $23M | $17M | $28M | 34.3% | -17.4% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $18M |
| Operating Expenses | $52M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $30M |
| Interest Income | $66M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $30M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $18M |
| Operating Expenses | $52M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $30M |
| Interest Income | $66M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $30M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | -$99M |
| Common Stock Repurchased | -$271.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $731M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $839M |
| PP&E (Net) | $81M |
| Goodwill | $255M |
| Intangible Assets | $15M |
| Long-Term Investments | $5.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $292M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $0 |
| Short-Term Debt | $708M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $114M |
| Additional Paid-In Capital | $470M |
| Retained Earnings | $437M |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $888M |
| Minority Interest | $0 |
| TOTAL EQUITY | $888M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $795M |
| Net Debt | $688M |
