| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $145M | $132M | 0.5% | 10.4% |
| Op. Income | $41M | $43M | $37M | -5.5% | 9.5% |
| Gross Margin | 88.3% | 90.2% | 92.8% | -1.9pp | -4.6pp |
| Net Margin | 10.8% | 23.9% | 21.9% | -13.0pp | -11.1pp |
| EPS (Diluted) | $0.23 | $0.51 | $0.43 | -54.9% | -46.5% |
| Free Cash Flow | $67M | $70M | $100M | -4.2% | -33.5% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $25M |
| Operating Expenses | $88M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $41M |
| Interest Income | $117M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $10M |
| EBIT | $41M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $25M |
| Operating Expenses | $88M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $41M |
| Interest Income | $117M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $10M |
| EBIT | $41M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $162M |
| Other Investing Activities | -$140M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$351M |
| Common Stock Repurchased | -$65.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $270M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $336M |
| Short-Term Investments | $2.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $178M |
| Goodwill | $380M |
| Intangible Assets | $101M |
| Long-Term Investments | $10.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $576M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.6B |
| TOTAL CURRENT LIABILITIES | $12.0B |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $14M |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
