| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $78M | — | -0.7% | — |
| Op. Income | $34M | $33M | — | 3.7% | — |
| Gross Margin | 95.6% | 93.3% | — | 2.2pp | — |
| Net Margin | 34.4% | 32.8% | — | 1.6pp | — |
| EPS (Diluted) | $0.20 | $0.20 | — | 0.0% | — |
| Free Cash Flow | $30M | $32M | — | -6.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $881.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $15M |
| Operating Expenses | $40M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $34M |
| Interest Income | $58M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $881.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $15M |
| Operating Expenses | $40M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $34M |
| Interest Income | $58M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$152.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$902M |
| Sales/Maturities of Investments | $698M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$228M |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $243M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $2.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $123M |
| Goodwill | $0 |
| Intangible Assets | $144M |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $0 |
| Short-Term Debt | $371M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $661.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | $447M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $18M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $838M |
| Minority Interest | $0 |
| TOTAL EQUITY | $838M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $446M |
| Net Debt | $191M |
