| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $320M | $213M | 17.9% | 77.4% |
| Op. Income | $145M | $118M | $64M | 22.6% | 128.2% |
| Gross Margin | 80.9% | 80.5% | 76.8% | 0.4pp | 4.2pp |
| Net Margin | 34.7% | 31.6% | 20.2% | 3.1pp | 14.5pp |
| EPS (Diluted) | $0.58 | $0.45 | $0.19 | 28.9% | 205.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $305M |
| R&D Expenses | $58M |
| Selling & Marketing | $93M |
| General & Administrative | $10M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $160M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $145M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $0 |
| EBIT | $145M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $305M |
| R&D Expenses | $58M |
| Selling & Marketing | $93M |
| General & Administrative | $10M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $160M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $145M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $0 |
| EBIT | $145M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$143M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $792M |
| Net Receivables | $186M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $34M |
| Goodwill | $13M |
| Intangible Assets | $517.0K |
| Long-Term Investments | $452M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $513M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $135M |
| Short-Term Debt | $0 |
| Deferred Revenue | $81M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $485M |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $286.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $882M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $880M |
| Net Debt | -$121M |
