| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $278M | — | -5.2% | — |
| Op. Income | $80M | $91M | — | -12.3% | — |
| Gross Margin | 70.3% | 74.1% | — | -3.8pp | — |
| Net Margin | 22.9% | 47.4% | — | -24.5pp | — |
| EPS (Diluted) | $0.60 | $1.31 | — | -54.2% | — |
| Free Cash Flow | $45M | $77M | — | -41.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $76M |
| General & Administrative | $28M |
| SG&A Expenses | $104M |
| Other Expenses | $2M |
| Operating Expenses | $106M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$755.0K |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $3M |
| EBIT | $80M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $76M |
| General & Administrative | $28M |
| SG&A Expenses | $104M |
| Other Expenses | $2M |
| Operating Expenses | $106M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$755.0K |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $3M |
| EBIT | $80M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $17.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $52M |
| Net Receivables | $50M |
| Inventory | -$50M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $441M |
| PP&E (Net) | $39M |
| Goodwill | $660M |
| Intangible Assets | $3M |
| Long-Term Investments | $74M |
| Tax Assets | -$113M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $794M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $165M |
| Deferred Revenue NC | -$93M |
| Deferred Tax Liabilities | $122M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $336M |
| TOTAL LIABILITIES | $436M |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $722M |
| Treasury Stock | -$272M |
| Accum. Other Comp. Income | -$767.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $800M |
| Minority Interest | $29M |
| TOTAL EQUITY | $828M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $165M |
| Net Debt | -$161M |
