| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | — | $179M | — | 24.8% |
| Op. Income | $66M | — | $14M | — | 366.6% |
| Gross Margin | 84.3% | — | 68.4% | — | 15.9pp |
| Net Margin | 12.1% | — | 5.0% | — | 7.1pp |
| EPS (Diluted) | $0.33 | — | $0.07 | — | 407.7% |
| Free Cash Flow | $30M | — | $4M | — | 583.9% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $188M |
| R&D Expenses | $40M |
| Selling & Marketing | $71M |
| General & Administrative | $12M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $66M |
| Interest Income | $205.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $562.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | -$26M |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $6M |
| EBIT | $66M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $188M |
| R&D Expenses | $40M |
| Selling & Marketing | $71M |
| General & Administrative | $12M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $66M |
| Interest Income | $205.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $562.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | -$26M |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $6M |
| EBIT | $66M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $727.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$290.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $64M |
| Net Receivables | $274M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $442M |
| PP&E (Net) | $40M |
| Goodwill | $73M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $70M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $670M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $187M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $771.0K |
| Additional Paid-In Capital | $142M |
| Retained Earnings | $223M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $0 |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $670M |
| Total Debt | $0 |
| Net Debt | -$84M |
