| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $148M | $150M | -2.8% | -4.3% |
| Op. Income | $42M | $45M | $43M | -8.0% | -3.2% |
| Gross Margin | 55.5% | 57.2% | 56.8% | -1.7pp | -1.3pp |
| Net Margin | 19.7% | 20.3% | 18.3% | -0.6pp | 1.3pp |
| EPS (Diluted) | $0.40 | $0.42 | $0.38 | -4.8% | 5.3% |
| Free Cash Flow | $60M | $36M | $39M | 65.9% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $80M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$371.0K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $41M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $80M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$371.0K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $41M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $124.0K |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$789.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $12M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $17M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $898.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $287M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $71M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $694.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $0 |
| TOTAL EQUITY | $148M |
| TOTAL LIABILITIES & EQUITY | $287M |
| Total Debt | $0 |
| Net Debt | -$89M |
