| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $131M | $105M | -12.6% | 8.8% |
| Op. Income | $36M | $45M | $19M | -20.7% | 90.6% |
| Gross Margin | 91.2% | 90.3% | 87.6% | 0.9pp | 3.6pp |
| Net Margin | 20.6% | 23.7% | 13.5% | -3.1pp | 7.1pp |
| EPS (Diluted) | $0.23 | $0.30 | $0.14 | -23.3% | 64.3% |
| Free Cash Flow | $43M | $29M | $43M | 47.0% | -0.4% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $41M |
| SG&A Expenses | $44M |
| Other Expenses | $24M |
| Operating Expenses | $68M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $36M |
| Interest Income | $90M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $41M |
| SG&A Expenses | $44M |
| Other Expenses | $24M |
| Operating Expenses | $68M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $36M |
| Interest Income | $90M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $869M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $153M |
| Goodwill | $307M |
| Intangible Assets | $27M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $518.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $227M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $728M |
| Retained Earnings | $502M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $227M |
| Net Debt | $62M |
