| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $113M | $106M | -2.3% | 4.4% |
| Op. Income | $41M | $41M | $38M | 0.8% | 7.8% |
| Gross Margin | 91.9% | 92.6% | 92.2% | -0.7pp | -0.3pp |
| Net Margin | 28.3% | 27.5% | 27.1% | 0.8pp | 1.2pp |
| EPS (Diluted) | $0.41 | $0.41 | $0.38 | 0.0% | 7.9% |
| Free Cash Flow | $91M | $61M | $54M | 48.5% | 70.0% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $40M |
| SG&A Expenses | $42M |
| Other Expenses | $18M |
| Operating Expenses | $60M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $41M |
| Interest Income | $88M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $40M |
| SG&A Expenses | $42M |
| Other Expenses | $18M |
| Operating Expenses | $60M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $41M |
| Interest Income | $88M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $605.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | -$195M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $130M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $234M |
| Short-Term Investments | $2.3B |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $175M |
| Goodwill | $147M |
| Intangible Assets | $12M |
| Long-Term Investments | $6.5B |
| Tax Assets | $65M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $3M |
| Short-Term Debt | $497M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $438M |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $766.0K |
| Additional Paid-In Capital | $749M |
| Retained Earnings | $390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $844M |
| Net Debt | $610M |
