| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $125M | $113M | -2.4% | 7.6% |
| Op. Income | $46M | $48M | $41M | -3.8% | 13.7% |
| Gross Margin | 91.8% | 91.2% | 92.6% | 0.6pp | -0.8pp |
| Net Margin | 12.3% | 29.3% | 27.5% | -17.0pp | -15.2pp |
| EPS (Diluted) | $0.19 | $0.47 | $0.41 | -59.6% | -53.7% |
| Free Cash Flow | $74M | $39M | $61M | 88.0% | 20.6% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $22M |
| Operating Expenses | $65M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $46M |
| Interest Income | $97M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $22M |
| Operating Expenses | $65M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $46M |
| Interest Income | $97M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | -$177.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$91M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$278M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $1.8B |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $177M |
| Goodwill | $178M |
| Intangible Assets | $14M |
| Long-Term Investments | $7.2B |
| Tax Assets | $38M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $3M |
| Short-Term Debt | $363M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $488M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $562M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $780.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $402M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $851M |
| Net Debt | $651M |
