| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $90M | $81M | 15.1% | 27.4% |
| Op. Income | $32M | $31M | $29M | 3.0% | 13.2% |
| Gross Margin | 87.9% | 87.5% | 89.4% | 0.4pp | -1.5pp |
| Net Margin | 23.5% | 26.8% | 25.9% | -3.3pp | -2.4pp |
| EPS (Diluted) | $0.50 | $0.57 | $0.51 | -12.3% | -2.0% |
| Free Cash Flow | $22M | $22M | $48M | -1.3% | -54.7% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $24M |
| Operating Expenses | $59M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $32M |
| Interest Income | $85M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $2M |
| EBIT | $32M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $24M |
| Operating Expenses | $59M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $32M |
| Interest Income | $85M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $2M |
| EBIT | $32M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $823.0K |
| Deferred Income Tax | -$155.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$202M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $84M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $220M |
| Short-Term Investments | $891M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $102M |
| Goodwill | $445M |
| Intangible Assets | $33M |
| Long-Term Investments | $7.0B |
| Tax Assets | $36M |
| Other Non-Current Assets | $297M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $5M |
| Short-Term Debt | $242M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $547M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $608M |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $833M |
| Retained Earnings | $450M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $789M |
| Net Debt | $569M |
