| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $246M | $246M | $221M | 0.1% | 11.0% |
| Op. Income | $62M | $56M | $50M | 9.9% | 23.4% |
| Gross Margin | 88.4% | 88.5% | 90.8% | -0.1pp | -2.5pp |
| Net Margin | 19.6% | 17.4% | 18.9% | 2.2pp | 0.6pp |
| EPS (Diluted) | $0.97 | $0.86 | $0.85 | 12.8% | 14.1% |
| Free Cash Flow | $112M | $96M | $66M | 16.0% | 69.5% |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $108M |
| SG&A Expenses | $113M |
| Other Expenses | $43M |
| Operating Expenses | $156M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $62M |
| Interest Income | $158M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | -$730.0K |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $13M |
| EBIT | $62M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $108M |
| SG&A Expenses | $113M |
| Other Expenses | $43M |
| Operating Expenses | $156M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $62M |
| Interest Income | $158M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | -$730.0K |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $13M |
| EBIT | $62M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$578.0K |
| Purchases of Investments | -$402M |
| Sales/Maturities of Investments | $597M |
| Other Investing Activities | -$270M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$265.0K |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$126M |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $588M |
| Short-Term Investments | $5.8B |
| Net Receivables | $128M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $277M |
| Goodwill | $181M |
| Intangible Assets | $23M |
| Long-Term Investments | $12.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $961M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $20.3B |
| Account Payables | $0 |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.0B |
| TOTAL CURRENT LIABILITIES | $18.1B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $18.2B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$213M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $20.3B |
| Total Debt | $1.9B |
| Net Debt | $1.3B |
