| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $122M | $110M | 4.0% | 14.5% |
| Op. Income | $47M | $46M | $41M | 1.5% | 14.5% |
| Gross Margin | 93.2% | 91.8% | 91.9% | 1.4pp | 1.3pp |
| Net Margin | 30.5% | 12.3% | 28.3% | 18.2pp | 2.2pp |
| EPS (Diluted) | $0.48 | $0.19 | $0.41 | 152.6% | 17.1% |
| Free Cash Flow | $42M | $74M | $91M | -42.6% | -53.4% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $47M |
| SG&A Expenses | $49M |
| Other Expenses | $22M |
| Operating Expenses | $71M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $47M |
| Interest Income | $103M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $5M |
| EBIT | $47M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $47M |
| SG&A Expenses | $49M |
| Other Expenses | $22M |
| Operating Expenses | $71M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $47M |
| Interest Income | $103M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $5M |
| EBIT | $47M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $101M |
| Purchases of Investments | -$419M |
| Sales/Maturities of Investments | $335M |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$212M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$107.0K |
| Other Financing Activities | $527M |
| NET CASH FROM FINANCING | $315M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $251M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $451M |
| Short-Term Investments | $2.2B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $238M |
| Goodwill | $290M |
| Intangible Assets | $54M |
| Long-Term Investments | $8.2B |
| Tax Assets | $33M |
| Other Non-Current Assets | $148M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $11.7B |
| Account Payables | $4M |
| Short-Term Debt | $396M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.4B |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $297M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $386M |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $845.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $421M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $11.7B |
| Total Debt | $693M |
| Net Debt | $242M |
