| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $98M | $94M | 9.8% | 14.4% |
| Op. Income | $36M | $34M | $33M | 6.1% | 9.2% |
| Gross Margin | 83.9% | 87.0% | 89.2% | -3.2pp | -5.3pp |
| Net Margin | 23.0% | 23.1% | 24.2% | -0.1pp | -1.2pp |
| EPS (Diluted) | $0.40 | $0.37 | $0.37 | 8.1% | 8.1% |
| Free Cash Flow | $50M | $9M | $30M | 459.0% | 69.3% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $649.0K |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $15M |
| Operating Expenses | $54M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $36M |
| Interest Income | $85M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $649.0K |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $15M |
| Operating Expenses | $54M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $36M |
| Interest Income | $85M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | $621.0K |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$551.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | -$109M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$225M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $257M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $362.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $1.3B |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $127M |
| Goodwill | $204M |
| Intangible Assets | $6M |
| Long-Term Investments | $6.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $324M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $137M |
| Short-Term Debt | $864M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $572M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $478M |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $915M |
| Minority Interest | $0 |
| TOTAL EQUITY | $915M |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $983M |
| Net Debt | $831M |
