| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $108M | $100M | 1.7% | 9.4% |
| Op. Income | $33M | $34M | $30M | -2.6% | 12.2% |
| Gross Margin | 86.4% | 86.3% | 86.2% | 0.1pp | 0.2pp |
| Net Margin | 16.1% | 21.2% | 19.6% | -5.1pp | -3.5pp |
| EPS (Diluted) | $0.40 | $0.52 | $0.45 | -23.1% | -11.1% |
| Free Cash Flow | $38M | $29M | $31M | 30.0% | 22.1% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $19M |
| Operating Expenses | $61M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $33M |
| Interest Income | $80M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $33M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $19M |
| Operating Expenses | $61M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $33M |
| Interest Income | $80M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $33M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $449.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | -$127M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$61M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$22M |
| 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) | $81M |
| Goodwill | $268M |
| Intangible Assets | $13M |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $359M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $0 |
| Short-Term Debt | $719M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $190M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $289M |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $574M |
| Retained Earnings | $544M |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $958M |
| Minority Interest | $0 |
| TOTAL EQUITY | $958M |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $909M |
| Net Debt | $750M |
