| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $48M | $42M | 5.1% | 18.9% |
| Op. Income | $23M | $23M | $20M | 2.8% | 17.1% |
| Gross Margin | 83.2% | 84.3% | 87.3% | -1.1pp | -4.1pp |
| Net Margin | 31.6% | 32.3% | 32.0% | -0.6pp | -0.4pp |
| EPS (Diluted) | $0.62 | $0.60 | $0.53 | 3.3% | 17.0% |
| Free Cash Flow | $16M | $11M | $11M | 49.7% | 51.3% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $23M |
| Interest Income | $43M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $23M |
| Interest Income | $43M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $502.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$58M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$211M |
| Common Stock Repurchased | -$202.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $258M |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $537M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $680M |
| PP&E (Net) | $56M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $5M |
| Short-Term Debt | $64M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $108M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $358M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $452.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $462M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $463M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $95M |
| Net Debt | -$35M |
