| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $246M | $240M | 3.1% | 5.7% |
| Op. Income | $64M | $62M | $54M | 3.2% | 18.3% |
| Gross Margin | 91.0% | 88.4% | 93.7% | 2.6pp | -2.7pp |
| Net Margin | 44.2% | 19.6% | 17.9% | 24.6pp | 26.3pp |
| EPS (Diluted) | $2.25 | $0.97 | $0.87 | 132.0% | 158.6% |
| Free Cash Flow | $71M | $112M | $115M | -36.8% | -38.5% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $231M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $116M |
| SG&A Expenses | $122M |
| Other Expenses | $45M |
| Operating Expenses | $167M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $64M |
| Interest Income | $163M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $65M |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $13M |
| EBIT | $64M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $231M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $116M |
| SG&A Expenses | $122M |
| Other Expenses | $45M |
| Operating Expenses | $167M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $64M |
| Interest Income | $163M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $65M |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $13M |
| EBIT | $64M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $58M |
| Other Non-Cash Items | -$75M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $167M |
| Purchases of Investments | -$489M |
| Sales/Maturities of Investments | $222M |
| Other Investing Activities | -$221M |
| NET CASH FROM INVESTING | -$332M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$907.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $6.3B |
| Net Receivables | $123M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $223M |
| Goodwill | $181M |
| Intangible Assets | $73M |
| Long-Term Investments | $12.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $684M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $21.8B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.0B |
| TOTAL CURRENT LIABILITIES | $19.5B |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $19.6B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$212M |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $1.3B |
| Net Debt | -$404M |
