| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $117M | $112M | 2.2% | 6.8% |
| Op. Income | $44M | $45M | $42M | -2.5% | 4.9% |
| Gross Margin | 91.6% | 92.5% | 94.5% | -0.9pp | -2.9pp |
| Net Margin | 23.4% | 24.2% | 23.1% | -0.8pp | 0.3pp |
| EPS (Diluted) | $0.38 | $0.39 | $0.36 | -2.6% | 5.6% |
| Free Cash Flow | $46M | $27M | $51M | 71.9% | -10.1% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $40M |
| SG&A Expenses | $41M |
| Other Expenses | $24M |
| Operating Expenses | $66M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $44M |
| Interest Income | $99M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $7M |
| EBIT | $44M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $40M |
| SG&A Expenses | $41M |
| Other Expenses | $24M |
| Operating Expenses | $66M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $44M |
| Interest Income | $99M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $7M |
| EBIT | $44M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$306M |
| Sales/Maturities of Investments | $351M |
| Other Investing Activities | $80M |
| NET CASH FROM INVESTING | $122M |
| Net Debt Issuance | -$224M |
| Common Stock Repurchased | -$609.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | -$158M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $2.5B |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $194M |
| Goodwill | $166M |
| Intangible Assets | $17M |
| Long-Term Investments | $7.5B |
| Tax Assets | $129M |
| Other Non-Current Assets | $304M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $11.1B |
| Account Payables | $0 |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $630M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $653M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $73M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.1B |
| Total Debt | $646M |
| Net Debt | $399M |
