| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $95M | $90M | 1.8% | 7.7% |
| Op. Income | $39M | $35M | $32M | 10.7% | 19.8% |
| Gross Margin | 87.4% | 86.3% | 86.6% | 1.2pp | 0.8pp |
| Net Margin | 27.4% | 25.6% | 25.4% | 1.8pp | 2.0pp |
| EPS (Diluted) | $0.41 | $0.38 | $0.36 | 7.9% | 13.9% |
| Free Cash Flow | $50M | $15M | $26M | 224.7% | 90.4% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $907.0K |
| General & Administrative | $28M |
| SG&A Expenses | $29M |
| Other Expenses | $17M |
| Operating Expenses | $46M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $39M |
| Interest Income | $82M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $907.0K |
| General & Administrative | $28M |
| SG&A Expenses | $29M |
| Other Expenses | $17M |
| Operating Expenses | $46M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $39M |
| Interest Income | $82M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$582.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$151M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $87M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $1.0B |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $79M |
| Goodwill | $0 |
| Intangible Assets | $421M |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $342M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $587M |
| Treasury Stock | -$261M |
| Accum. Other Comp. Income | -$708.0K |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
