| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $82M | $78M | 2.8% | 8.3% |
| Op. Income | $39M | $37M | $33M | 4.9% | 16.7% |
| Gross Margin | 94.9% | 95.4% | 93.3% | -0.4pp | 1.6pp |
| Net Margin | 34.7% | 34.3% | 32.8% | 0.4pp | 2.0pp |
| EPS (Diluted) | $0.22 | $0.22 | $0.20 | 0.0% | 10.0% |
| Free Cash Flow | $53M | $27M | $32M | 97.2% | 65.8% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $894.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $16M |
| Operating Expenses | $42M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $39M |
| Interest Income | $63M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $39M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $894.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $16M |
| Operating Expenses | $42M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $39M |
| Interest Income | $63M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $39M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.8B |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $71M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346M |
| Short-Term Investments | $2.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $141M |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $0 |
| Short-Term Debt | $351M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $662.0K |
| Additional Paid-In Capital | $376M |
| Retained Earnings | $494M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $36M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $907M |
| Minority Interest | $0 |
| TOTAL EQUITY | $907M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $351M |
| Net Debt | $6M |
