| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $185M | $174M | 2.6% | 9.2% |
| Op. Income | $94M | $90M | $86M | 3.6% | 8.4% |
| Gross Margin | 91.3% | 92.9% | 95.0% | -1.6pp | -3.6pp |
| Net Margin | 30.8% | 30.8% | 30.7% | -0.0pp | 0.1pp |
| EPS (Diluted) | $0.42 | $0.41 | $0.38 | 2.4% | 10.5% |
| Free Cash Flow | $54M | $91M | $37M | -41.0% | 45.9% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $39M |
| SG&A Expenses | $41M |
| Other Expenses | $39M |
| Operating Expenses | $79M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $94M |
| Interest Income | $145M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $16M |
| EBIT | $94M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $39M |
| SG&A Expenses | $41M |
| Other Expenses | $39M |
| Operating Expenses | $79M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $94M |
| Interest Income | $145M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $16M |
| EBIT | $94M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$428M |
| Sales/Maturities of Investments | $234M |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$281M |
| Net Debt Issuance | -$10.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $143M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $5.3B |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $290M |
| Goodwill | $995M |
| Intangible Assets | $14M |
| Long-Term Investments | $12.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $780M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $20.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.6B |
| TOTAL CURRENT LIABILITIES | $17.6B |
| Long-Term Debt | $34.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $388M |
| TOTAL NON-CURRENT LIABILITIES | $388M |
| TOTAL LIABILITIES | $18.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $20.6B |
| Total Debt | $34.0K |
| Net Debt | -$1.1B |
