| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $146M | $133M | -1.0% | 9.2% |
| Op. Income | $43M | $30M | $39M | 45.4% | 9.9% |
| Gross Margin | 90.2% | 93.1% | 91.6% | -2.9pp | -1.4pp |
| Net Margin | 23.9% | 16.4% | 23.3% | 7.4pp | 0.5pp |
| EPS (Diluted) | $0.51 | $0.35 | $0.46 | 45.7% | 10.9% |
| Free Cash Flow | $70M | $19M | $21M | 264.9% | 225.1% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $26M |
| Operating Expenses | $87M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $43M |
| Interest Income | $116M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $9M |
| 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 | $10M |
| EBIT | $43M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $26M |
| Operating Expenses | $87M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $43M |
| Interest Income | $116M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $9M |
| 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 | $10M |
| EBIT | $43M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | -$20.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$154M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350M |
| Short-Term Investments | $2.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $181M |
| Goodwill | $380M |
| Intangible Assets | $99M |
| Long-Term Investments | $9.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $594M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $0 |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.2B |
| TOTAL CURRENT LIABILITIES | $12.1B |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $14M |
| Additional Paid-In Capital | $368M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
