| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | $137M | $116M | 0.2% | 19.0% |
| Op. Income | $53M | $48M | $42M | 10.4% | 24.1% |
| Gross Margin | 95.5% | 95.6% | 97.5% | -0.1pp | -1.9pp |
| Net Margin | 25.5% | 23.1% | 24.3% | 2.3pp | 1.2pp |
| EPS (Diluted) | $1.19 | $1.08 | $1.16 | 10.2% | 2.6% |
| Free Cash Flow | $70M | $32M | $34M | 117.6% | 106.8% |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $852.0K |
| General & Administrative | $56M |
| SG&A Expenses | $57M |
| Other Expenses | $22M |
| Operating Expenses | $79M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $53M |
| Interest Income | $104M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $7M |
| EBIT | $53M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $852.0K |
| General & Administrative | $56M |
| SG&A Expenses | $57M |
| Other Expenses | $22M |
| Operating Expenses | $79M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $53M |
| Interest Income | $104M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $7M |
| EBIT | $53M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$896.0K |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $336M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $198M |
| Goodwill | $597M |
| Intangible Assets | $80M |
| Long-Term Investments | $8.3B |
| Tax Assets | $42M |
| Other Non-Current Assets | $310M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $0 |
| Short-Term Debt | $291M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.4B |
| Long-Term Debt | $83M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $73M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $427M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $374M |
| Net Debt | $39M |
