| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $104M | $97M | -6.3% | 0.7% |
| Op. Income | $50M | $56M | $51M | -10.9% | -1.9% |
| Gross Margin | 88.6% | 89.8% | 71.3% | -1.2pp | 17.3pp |
| Net Margin | 39.1% | 40.9% | 34.3% | -1.8pp | 4.8pp |
| EPS (Diluted) | $1.00 | $1.11 | $0.88 | -9.9% | 13.6% |
| Free Cash Flow | $33M | $23M | $24M | 44.0% | 37.3% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $48M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $50M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $48M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $50M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$428.0K |
| Other Non-Cash Items | $347.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $369.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | -$21M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $35M |
| Goodwill | $60M |
| Intangible Assets | $4M |
| Long-Term Investments | $237M |
| Tax Assets | $7M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $364M |
| TOTAL ASSETS | $547M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$38M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $311M |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $501M |
| Minority Interest | $0 |
| TOTAL EQUITY | $501M |
| TOTAL LIABILITIES & EQUITY | $547M |
| Total Debt | $0 |
| Net Debt | -$128M |
