| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $114M | $112M | -0.8% | 1.2% |
| Op. Income | $29M | $36M | $37M | -20.2% | -22.1% |
| Gross Margin | 87.8% | 91.2% | 91.7% | -3.5pp | -4.0pp |
| Net Margin | 19.6% | 20.6% | 21.9% | -1.1pp | -2.3pp |
| EPS (Diluted) | $0.22 | $0.23 | $0.24 | -4.3% | -8.3% |
| Free Cash Flow | $37M | $43M | $52M | -15.2% | -29.5% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $44M |
| SG&A Expenses | $46M |
| Other Expenses | $25M |
| Operating Expenses | $71M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $29M |
| Interest Income | $91M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $44M |
| SG&A Expenses | $46M |
| Other Expenses | $25M |
| Operating Expenses | $71M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $29M |
| Interest Income | $91M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$95M |
| NET CASH FROM FINANCING | -$118M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $793M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $894M |
| PP&E (Net) | $152M |
| Goodwill | $307M |
| Intangible Assets | $26M |
| Long-Term Investments | $7.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $460.0K |
| Short-Term Debt | $108M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $111M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $221M |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $731M |
| Retained Earnings | $508M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $219M |
| Net Debt | $142M |
