| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $144M | $143M | -9.4% | -9.0% |
| Op. Income | $28M | $44M | $42M | -36.1% | -33.3% |
| Gross Margin | 54.1% | 57.7% | 55.5% | -3.7pp | -1.4pp |
| Net Margin | 17.3% | 17.0% | 19.7% | 0.3pp | -2.3pp |
| EPS (Diluted) | $0.33 | $0.36 | $0.40 | -8.3% | -17.5% |
| Free Cash Flow | $49M | $45M | $60M | 8.9% | -18.8% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $71M |
| R&D Expenses | $17M |
| Selling & Marketing | $13M |
| General & Administrative | $13M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $721.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $71M |
| R&D Expenses | $17M |
| Selling & Marketing | $13M |
| General & Administrative | $13M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $721.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$336.0K |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $12M |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $219M |
| PP&E (Net) | $16M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $634.0K |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $88M |
| TOTAL ASSETS | $307M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $86M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $159M |
| Common Stock | $668.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $0 |
| TOTAL EQUITY | $148M |
| TOTAL LIABILITIES & EQUITY | $307M |
| Total Debt | $0 |
| Net Debt | -$107M |
