| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $243M | $210M | 0.2% | 16.2% |
| Op. Income | $48M | $43M | $28M | 11.5% | 67.3% |
| Gross Margin | 57.9% | 57.5% | 53.7% | 0.5pp | 4.2pp |
| Net Margin | 17.2% | 16.0% | 8.6% | 1.2pp | 8.6pp |
| EPS (Diluted) | $0.98 | $0.91 | $0.42 | 7.7% | 133.3% |
| Free Cash Flow | $42M | $65M | $32M | -35.1% | 31.4% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $32M |
| SG&A Expenses | $71M |
| Other Expenses | $23M |
| Operating Expenses | $94M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $48M |
| Interest Income | $500.0K |
| Interest Expense | $800.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $23M |
| EBIT | $58M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $32M |
| SG&A Expenses | $71M |
| Other Expenses | $23M |
| Operating Expenses | $94M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $48M |
| Interest Income | $500.0K |
| Interest Expense | $800.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $23M |
| EBIT | $58M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $44M |
| Net Receivables | $158M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $147M |
| Goodwill | $567M |
| Intangible Assets | $90M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $887M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $206M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $150M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $578M |
| Common Stock | $0 |
| Additional Paid-In Capital | $608M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$717M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $858M |
| Minority Interest | $0 |
| TOTAL EQUITY | $858M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $150M |
| Net Debt | -$161M |
