| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $97M | $94M | 3.0% | 5.4% |
| Op. Income | $49M | $47M | $50M | 4.6% | -1.9% |
| Gross Margin | 87.7% | 88.5% | 90.7% | -0.9pp | -3.1pp |
| Net Margin | 33.6% | 35.3% | 35.1% | -1.7pp | -1.5pp |
| EPS (Diluted) | $0.88 | $0.90 | $0.88 | -2.2% | 0.0% |
| Free Cash Flow | $38M | $48M | $52M | -19.6% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $50M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $50M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $663.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | -$19M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $39M |
| Goodwill | $60M |
| Intangible Assets | $3M |
| Long-Term Investments | $240M |
| Tax Assets | $2M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $362M |
| TOTAL ASSETS | $581M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$51M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $66M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $331M |
| Retained Earnings | $354M |
| Treasury Stock | -$160M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $515M |
| Minority Interest | $0 |
| TOTAL EQUITY | $515M |
| TOTAL LIABILITIES & EQUITY | $581M |
| Total Debt | $0 |
| Net Debt | -$167M |
