| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $100M | $98M | 1.6% | 4.4% |
| Op. Income | $29M | $30M | $29M | -3.8% | -0.1% |
| Gross Margin | 86.9% | 86.2% | 88.2% | 0.7pp | -1.3pp |
| Net Margin | 19.9% | 19.6% | 19.4% | 0.3pp | 0.5pp |
| EPS (Diluted) | $0.46 | $0.45 | $0.43 | 2.2% | 7.0% |
| Free Cash Flow | $26M | $31M | $28M | -14.6% | -4.5% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $390.0K |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $19M |
| Operating Expenses | $60M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $29M |
| Interest Income | $74M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $390.0K |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $19M |
| Operating Expenses | $60M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $29M |
| Interest Income | $74M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $213M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $1.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $83M |
| Goodwill | $265M |
| Intangible Assets | $15M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $350M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $0 |
| Short-Term Debt | $540M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $205M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $293M |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $574M |
| Retained Earnings | $512M |
| Treasury Stock | -$140M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $927M |
| Minority Interest | $0 |
| TOTAL EQUITY | $927M |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $745M |
| Net Debt | $604M |
