| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $147M | $121M | -0.8% | 21.0% |
| Op. Income | $49M | $41M | $38M | 20.6% | 30.9% |
| Gross Margin | 92.2% | 92.3% | 95.3% | -0.0pp | -3.1pp |
| Net Margin | 23.5% | 18.6% | 20.5% | 4.9pp | 2.9pp |
| EPS (Diluted) | $0.61 | $0.48 | $0.55 | 27.1% | 10.9% |
| Free Cash Flow | $61M | $2M | $32M | 3983.3% | 89.9% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $42M |
| Operating Expenses | $85M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $49M |
| Interest Income | $109M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $512.0K |
| EBIT | $49M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $42M |
| Operating Expenses | $85M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $49M |
| Interest Income | $109M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $512.0K |
| EBIT | $49M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $512.0K |
| Stock-Based Compensation | $450.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $4.0K |
| Purchases of Investments | -$228M |
| Sales/Maturities of Investments | $128M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$175M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$410.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $759M |
| Short-Term Investments | $2.2B |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $242M |
| Goodwill | $445M |
| Intangible Assets | $74M |
| Long-Term Investments | $8.0B |
| Tax Assets | $4M |
| Other Non-Current Assets | $417M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $92M |
| Short-Term Debt | $643M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $687M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $753M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $759M |
| Net Debt | -$200.0K |
