| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $109M | $104M | 2.4% | 6.9% |
| Op. Income | $35M | $34M | $35M | 1.9% | 1.3% |
| Gross Margin | 74.0% | 72.9% | 73.8% | 1.2pp | 0.2pp |
| Net Margin | 20.7% | 21.0% | 22.0% | -0.3pp | -1.2pp |
| EPS (Diluted) | $0.08 | $0.08 | $0.08 | 0.0% | 0.0% |
| Free Cash Flow | $25M | $16M | $28M | 49.0% | -13.3% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $26M |
| SG&A Expenses | $32M |
| Other Expenses | $16M |
| Operating Expenses | $47M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $35M |
| Interest Income | $106M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $4M |
| EBIT | $35M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $26M |
| SG&A Expenses | $32M |
| Other Expenses | $16M |
| Operating Expenses | $47M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $35M |
| Interest Income | $106M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $4M |
| EBIT | $35M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$152M |
| NET CASH FROM INVESTING | -$165M |
| Net Debt Issuance | $129M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $537M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $841M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $12.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.1B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $760M |
| Treasury Stock | -$736M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$53M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $3.7B |
| Net Debt | $3.4B |
