| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $197M | $166M | 2.3% | 21.4% |
| Op. Income | $98M | $96M | $81M | 1.7% | 21.0% |
| Gross Margin | 91.5% | 93.3% | 93.3% | -1.9pp | -1.9pp |
| Net Margin | 36.4% | 35.5% | 37.0% | 1.0pp | -0.6pp |
| EPS (Diluted) | $0.70 | $0.67 | $0.60 | 4.5% | 16.7% |
| Free Cash Flow | $85M | -$208M | $68M | 141.0% | 25.2% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $721.0K |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $34M |
| Operating Expenses | $86M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $98M |
| Interest Income | $192M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $3M |
| EBIT | $98M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $721.0K |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $34M |
| Operating Expenses | $86M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $98M |
| Interest Income | $192M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $3M |
| EBIT | $98M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $466.0K |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$196M |
| Sales/Maturities of Investments | $106M |
| Other Investing Activities | -$343M |
| NET CASH FROM INVESTING | -$435M |
| Net Debt Issuance | -$86M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $796M |
| NET CASH FROM FINANCING | $710M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $363M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $647M |
| Short-Term Investments | $2.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $120M |
| Goodwill | $290M |
| Intangible Assets | $12M |
| Long-Term Investments | $13.6B |
| Tax Assets | $88M |
| Other Non-Current Assets | $626M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $0 |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.4B |
| TOTAL CURRENT LIABILITIES | $15.4B |
| Long-Term Debt | $367M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $395M |
| TOTAL NON-CURRENT LIABILITIES | $762M |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $596M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $403M |
| Net Debt | -$244M |
