| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $99M | $88M | 16.2% | 29.7% |
| Op. Income | $48M | $18M | $28M | 166.9% | 74.8% |
| Gross Margin | 88.2% | 86.9% | 88.8% | 1.2pp | -0.6pp |
| Net Margin | 32.6% | -10.0% | 21.4% | 42.5pp | 11.2pp |
| EPS (Diluted) | $1.16 | $-0.31 | $0.59 | 474.2% | 96.6% |
| Free Cash Flow | $60M | $22M | $46M | 174.3% | 31.8% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $758.0K |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $20M |
| Operating Expenses | $53M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $48M |
| Interest Income | $68M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $758.0K |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $20M |
| Operating Expenses | $53M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $48M |
| Interest Income | $68M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $946.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$123M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $72M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $706M |
| Short-Term Investments | $908M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $48M |
| Goodwill | $166M |
| Intangible Assets | $22M |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $3M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $807M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $911M |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $564.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | $704M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $746M |
| Minority Interest | $0 |
| TOTAL EQUITY | $746M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $932M |
| Net Debt | $221M |
