| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $198M | $182M | 0.0% | 8.6% |
| Op. Income | $92M | $94M | $90M | -2.6% | 2.1% |
| Gross Margin | 89.3% | 90.5% | 93.4% | -1.2pp | -4.1pp |
| Net Margin | 34.3% | 5.9% | 31.1% | 28.4pp | 3.2pp |
| EPS (Diluted) | $0.49 | $0.08 | $0.41 | 512.5% | 19.5% |
| Free Cash Flow | $43M | $51M | $64M | -15.3% | -32.3% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $951.0K |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $42M |
| Operating Expenses | $85M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $92M |
| Interest Income | $155M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $13M |
| EBIT | $92M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $951.0K |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $42M |
| Operating Expenses | $85M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $92M |
| Interest Income | $155M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $13M |
| EBIT | $92M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $221M |
| Other Investing Activities | -$196M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$249M |
| NET CASH FROM FINANCING | -$283M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$342M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $692M |
| Short-Term Investments | $5.1B |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $289M |
| Goodwill | $995M |
| Intangible Assets | $19M |
| Long-Term Investments | $12.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $797M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $20.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.4B |
| TOTAL CURRENT LIABILITIES | $17.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $360M |
| TOTAL NON-CURRENT LIABILITIES | $360M |
| TOTAL LIABILITIES | $17.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $194M |
| Treasury Stock | -$282.0K |
| Accum. Other Comp. Income | -$165M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $20.2B |
| Total Debt | $34.0K |
| Net Debt | -$692M |
