| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $108M | $96M | -0.9% | 11.4% |
| Op. Income | $11M | $36M | $34M | -68.6% | -66.9% |
| Gross Margin | 88.1% | 83.9% | 88.3% | 4.2pp | -0.2pp |
| Net Margin | 23.2% | 23.0% | 24.3% | 0.2pp | -1.1pp |
| EPS (Diluted) | $0.40 | $0.40 | $0.38 | 0.0% | 5.3% |
| Free Cash Flow | $26M | $50M | $58M | -47.6% | -54.7% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $41M |
| Operating Expenses | $83M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $11M |
| Interest Income | $89M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$14M |
| 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 | $11M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $41M |
| Operating Expenses | $83M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $11M |
| Interest Income | $89M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$14M |
| 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 | $11M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$14.0K |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $169M |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $1.3B |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $125M |
| Goodwill | $204M |
| Intangible Assets | $4M |
| Long-Term Investments | $6.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $352M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $137M |
| Short-Term Debt | $815M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $573M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $492M |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $931M |
| Minority Interest | $0 |
| TOTAL EQUITY | $931M |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $934M |
| Net Debt | $750M |
