| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $216M | $256M | 48.0% | 25.2% |
| Op. Income | $82M | $4M | $61M | 2105.8% | 33.2% |
| Gross Margin | 67.5% | 54.7% | 67.2% | 12.8pp | 0.2pp |
| Net Margin | 21.9% | 5.7% | 15.9% | 16.2pp | 5.9pp |
| EPS (Diluted) | $1.29 | $0.23 | $0.78 | 460.9% | 65.4% |
| Free Cash Flow | $75M | $43M | $83M | 74.8% | -9.1% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $44M |
| SG&A Expenses | $136M |
| Other Expenses | -$1M |
| Operating Expenses | $134M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $82M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $17M |
| EBIT | $80M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $44M |
| SG&A Expenses | $136M |
| Other Expenses | -$1M |
| Operating Expenses | $134M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $82M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $17M |
| EBIT | $80M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $272M |
| NET CASH FROM FINANCING | $266M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $16M |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $319M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $100M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $133M |
| Tax Assets | $7M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $856M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $32M |
| Short-Term Debt | $21M |
| Deferred Revenue | $93M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $53M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | $480M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $835M |
| Minority Interest | $0 |
| TOTAL EQUITY | $835M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $74M |
| Net Debt | -$1.2B |
