| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | $321M | $372M | 17.8% | 1.6% |
| Op. Income | $23M | $9M | $27M | 155.6% | -14.8% |
| Gross Margin | 94.7% | 95.0% | 95.4% | -0.3pp | -0.7pp |
| Net Margin | 1.3% | -26.2% | 3.5% | 27.5pp | -2.2pp |
| EPS (Diluted) | $0.04 | $-0.60 | $0.09 | 106.7% | -55.6% |
| Free Cash Flow | $159M | $3M | $116M | 5200.0% | 37.1% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $358M |
| R&D Expenses | $67M |
| Selling & Marketing | $198M |
| General & Administrative | $109M |
| SG&A Expenses | $307M |
| Other Expenses | -$39M |
| Operating Expenses | $335M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $28M |
| EBIT | $23M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $358M |
| R&D Expenses | $67M |
| Selling & Marketing | $198M |
| General & Administrative | $109M |
| SG&A Expenses | $307M |
| Other Expenses | -$39M |
| Operating Expenses | $335M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $28M |
| EBIT | $23M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $184M |
| Change in Working Capital | $112M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $15M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$230M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$246M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $635M |
| Short-Term Investments | $15M |
| Net Receivables | $281M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $983M |
| PP&E (Net) | $261M |
| Goodwill | $763M |
| Intangible Assets | $136M |
| Long-Term Investments | $5M |
| Tax Assets | $18M |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $7M |
| Short-Term Debt | $7M |
| Deferred Revenue | $101M |
| Other Current Liabilities | $275M |
| TOTAL CURRENT LIABILITIES | $534M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $300M |
| TOTAL NON-CURRENT LIABILITIES | $316M |
| TOTAL LIABILITIES | $850M |
| Common Stock | $0 |
| Additional Paid-In Capital | $946M |
| Retained Earnings | $935M |
| Treasury Stock | -$457M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $7M |
| Net Debt | -$628M |
