| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $81M | $74M | -0.7% | 7.8% |
| Op. Income | $32M | $32M | $25M | 2.0% | 29.3% |
| Gross Margin | 83.0% | 86.3% | 83.2% | -3.3pp | -0.2pp |
| Net Margin | 32.7% | 11.5% | 24.5% | 21.2pp | 8.2pp |
| EPS (Diluted) | $0.75 | $0.27 | $0.52 | 177.8% | 44.2% |
| Free Cash Flow | $37M | $30M | $30M | 26.0% | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $702.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $32M |
| Interest Income | $67M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| 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 | $1M |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $702.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $32M |
| Interest Income | $67M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| 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 | $1M |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $512.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$309.0K |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$657.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $42M |
| Goodwill | $287M |
| Intangible Assets | $3M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $198M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $0 |
| Short-Term Debt | $570M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $90M |
| Additional Paid-In Capital | $217M |
| Retained Earnings | $650M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $895M |
| Minority Interest | $0 |
| TOTAL EQUITY | $895M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $662M |
| Net Debt | $549M |
