| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $137M | $114M | -2.0% | 17.9% |
| Op. Income | $43M | $47M | $35M | -6.9% | 23.5% |
| Gross Margin | 90.4% | 90.2% | 91.8% | 0.2pp | -1.4pp |
| Net Margin | 25.2% | 12.0% | 21.0% | 13.1pp | 4.1pp |
| EPS (Diluted) | $0.68 | $0.33 | $0.54 | 106.1% | 25.9% |
| Free Cash Flow | -$66M | $148M | $51M | -144.3% | -229.3% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $57M |
| Other Expenses | $21M |
| Operating Expenses | $78M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $43M |
| Interest Income | $100M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $650.0K |
| EBIT | $43M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $57M |
| Other Expenses | $21M |
| Operating Expenses | $78M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $43M |
| Interest Income | $100M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $650.0K |
| EBIT | $43M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $650.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$94M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$318M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$365M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $438M |
| NET CASH FROM FINANCING | $396M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $948M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $184M |
| Goodwill | $611M |
| Intangible Assets | $63M |
| Long-Term Investments | $7.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $324M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $0 |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $290M |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $250M |
| Additional Paid-In Capital | $897M |
| Retained Earnings | $422M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $265M |
| Net Debt | $14M |
