| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $82M | $73M | 1.5% | 14.3% |
| Op. Income | $25M | $24M | $25M | 6.1% | 0.3% |
| Gross Margin | 85.0% | 86.6% | 90.9% | -1.6pp | -5.9pp |
| Net Margin | 23.0% | 22.0% | 22.3% | 1.0pp | 0.7pp |
| EPS (Diluted) | $0.73 | $0.69 | $0.62 | 5.8% | 17.7% |
| Free Cash Flow | $22M | $16M | $20M | 38.8% | 8.4% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $19M |
| Operating Expenses | $46M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $25M |
| Interest Income | $59M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $19M |
| Operating Expenses | $46M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $25M |
| Interest Income | $59M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $880.0K |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | -$224M |
| Net Debt Issuance | $141M |
| Common Stock Repurchased | -$785.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $942M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $199M |
| Goodwill | $84M |
| Intangible Assets | $4M |
| Long-Term Investments | $4.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $356M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $355M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $726M |
| Minority Interest | $0 |
| TOTAL EQUITY | $726M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $486M |
| Net Debt | $457M |
