| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $115M | $107M | 4.7% | 12.5% |
| Op. Income | $45M | $41M | $36M | 9.4% | 23.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 36.8% | 35.1% | 33.6% | 1.7pp | 3.2pp |
| EPS (Diluted) | $0.79 | $0.72 | $0.65 | 9.7% | 21.5% |
| Free Cash Flow | $86M | $17M | $51M | 409.6% | 70.7% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $942.0K |
| General & Administrative | $50M |
| SG&A Expenses | $51M |
| Other Expenses | -$87.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $45M |
| Interest Income | $84M |
| Interest Expense | $4M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $352.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $12M |
| EBIT | $45M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $942.0K |
| General & Administrative | $50M |
| SG&A Expenses | $51M |
| Other Expenses | -$87.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $45M |
| Interest Income | $84M |
| Interest Expense | $4M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $352.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $12M |
| EBIT | $45M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $339.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$400M |
| Sales/Maturities of Investments | $650M |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | $53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $162M |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $3.0B |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $163M |
| Goodwill | $22M |
| Intangible Assets | $69M |
| Long-Term Investments | $4.6B |
| Tax Assets | -$8.8B |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $117M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $551.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$156M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $824M |
| Minority Interest | $0 |
| TOTAL EQUITY | $824M |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $117M |
| Net Debt | -$1.7B |
