| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $110M | $102M | 0.9% | 8.6% |
| Op. Income | $33M | $33M | $29M | -1.0% | 15.4% |
| Gross Margin | 86.7% | 86.4% | 86.9% | 0.3pp | -0.3pp |
| Net Margin | 23.5% | 16.1% | 19.9% | 7.4pp | 3.6pp |
| EPS (Diluted) | $0.59 | $0.40 | $0.46 | 47.5% | 28.3% |
| Free Cash Flow | $39M | $38M | $26M | 2.8% | 46.9% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $337.0K |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $19M |
| Operating Expenses | $63M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $33M |
| Interest Income | $81M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $33M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $337.0K |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $19M |
| Operating Expenses | $63M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $33M |
| Interest Income | $81M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $33M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $222M |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$85.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $80M |
| Goodwill | $268M |
| Intangible Assets | $13M |
| Long-Term Investments | $7.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $359M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $0 |
| Short-Term Debt | $586M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $190M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $298M |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $575M |
| Retained Earnings | $556M |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $954M |
| Minority Interest | $0 |
| TOTAL EQUITY | $954M |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $776M |
| Net Debt | $616M |
