| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $122M | $121M | 10.1% | 10.6% |
| Op. Income | $41M | $37M | $35M | 9.0% | 16.4% |
| Gross Margin | 90.4% | 92.0% | 91.8% | -1.6pp | -1.4pp |
| Net Margin | 19.7% | 20.8% | 19.1% | -1.0pp | 0.6pp |
| EPS (Diluted) | $0.53 | $0.57 | $0.55 | -7.0% | -3.6% |
| Free Cash Flow | $40M | -$51M | $128M | 179.8% | -68.3% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $24M |
| Operating Expenses | $81M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $41M |
| Interest Income | $101M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $916.0K |
| EBIT | $41M |
| EBITDA | $42M |
| 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 | $56M |
| Other Expenses | $24M |
| Operating Expenses | $81M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $41M |
| Interest Income | $101M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $916.0K |
| EBIT | $41M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $916.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$550.0K |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $42M |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | -$105M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $1.2B |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $187M |
| Goodwill | $611M |
| Intangible Assets | $62M |
| Long-Term Investments | $7.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $370M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $0 |
| Short-Term Debt | $384M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.1B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $309M |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $250M |
| Additional Paid-In Capital | $897M |
| Retained Earnings | $388M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $592M |
| Net Debt | $260M |
