| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $61M | $53M | 2.7% | 18.3% |
| Op. Income | $25M | $24M | $21M | 5.5% | 16.1% |
| Gross Margin | 85.3% | 86.0% | 93.8% | -0.6pp | -8.5pp |
| Net Margin | 23.8% | 23.7% | 24.8% | 0.1pp | -0.9pp |
| EPS (Diluted) | $0.46 | $0.45 | $0.41 | 2.2% | 12.2% |
| Free Cash Flow | $25M | $11M | $27M | 119.5% | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $11M |
| Operating Expenses | $29M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $25M |
| Interest Income | $54M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $10M |
| 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 | $2M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $11M |
| Operating Expenses | $29M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $25M |
| Interest Income | $54M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $10M |
| 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 | $2M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $708.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$120M |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$26.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $123M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$368.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $598M |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $823M |
| PP&E (Net) | $27M |
| Goodwill | $11M |
| Intangible Assets | $2M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $227M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $657.0K |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | $66M |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | $290.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $559M |
| Minority Interest | $0 |
| TOTAL EQUITY | $559M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $227M |
| Net Debt | $89M |
