| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $100M | $104M | 16.4% | 11.5% |
| Op. Income | $61M | $49M | $56M | 23.6% | 9.7% |
| Gross Margin | 84.4% | 87.7% | 89.8% | -3.2pp | -5.4pp |
| Net Margin | 41.4% | 33.6% | 40.9% | 7.8pp | 0.5pp |
| EPS (Diluted) | $1.27 | $0.88 | $1.11 | 44.3% | 14.4% |
| Free Cash Flow | $26M | $38M | $23M | -33.1% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $37M |
| Operating Expenses | $37M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $61M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $5M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $37M |
| Operating Expenses | $37M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $61M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $5M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$186.0K |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $156M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | -$18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $40M |
| Goodwill | $60M |
| Intangible Assets | $3M |
| Long-Term Investments | $244M |
| Tax Assets | $830.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $366M |
| TOTAL ASSETS | $589M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$12M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $386M |
| Treasury Stock | -$166M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $537M |
| Minority Interest | $0 |
| TOTAL EQUITY | $537M |
| TOTAL LIABILITIES & EQUITY | $589M |
| Total Debt | $0 |
| Net Debt | -$156M |
