| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $145M | $127M | -19.3% | -8.2% |
| Op. Income | $18M | $49M | $27M | -62.1% | -30.4% |
| Gross Margin | 72.6% | 82.1% | 70.4% | -9.5pp | 2.2pp |
| Net Margin | 11.2% | 22.0% | 13.1% | -10.8pp | -1.9pp |
| EPS (Diluted) | $1.48 | $3.64 | $1.89 | -59.3% | -21.7% |
| Free Cash Flow | $48M | $57M | $54M | -17.0% | -12.5% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $52M |
| SG&A Expenses | $56M |
| Other Expenses | $10M |
| Operating Expenses | $66M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $18M |
| Interest Income | $103M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $52M |
| SG&A Expenses | $56M |
| Other Expenses | $10M |
| Operating Expenses | $66M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $18M |
| Interest Income | $103M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$985.4K |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$52M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$657.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $721M |
| Inventory | $0 |
| Other Current Assets | -$721M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $24M |
| Goodwill | $8M |
| Intangible Assets | $5M |
| Long-Term Investments | $721M |
| Tax Assets | $40M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $812M |
| TOTAL ASSETS | $827M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $316M |
| TOTAL LIABILITIES | $348M |
| Common Stock | $0 |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $351M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $478M |
| Minority Interest | $0 |
| TOTAL EQUITY | $478M |
| TOTAL LIABILITIES & EQUITY | $827M |
| Total Debt | $301M |
| Net Debt | $286M |
