| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $88M | $77M | 5.8% | 21.4% |
| Op. Income | $31M | $28M | $26M | 14.1% | 20.9% |
| Gross Margin | 89.5% | 88.8% | 91.8% | 0.6pp | -2.3pp |
| Net Margin | 22.0% | 21.4% | 22.7% | 0.6pp | -0.7pp |
| EPS (Diluted) | $0.64 | $0.59 | $0.58 | 8.5% | 10.3% |
| Free Cash Flow | $10M | $46M | $31M | -78.7% | -68.7% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $932.0K |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $21M |
| Operating Expenses | $52M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $31M |
| Interest Income | $62M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $932.0K |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $21M |
| Operating Expenses | $52M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $31M |
| Interest Income | $62M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $743.0K |
| Deferred Income Tax | -$382.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $526M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$607M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $742M |
| Short-Term Investments | $818M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $48M |
| Goodwill | $166M |
| Intangible Assets | $24M |
| Long-Term Investments | $4.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $227M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $2M |
| Short-Term Debt | $65M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $581.0K |
| Additional Paid-In Capital | $332M |
| Retained Earnings | $662M |
| Treasury Stock | -$268M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $723M |
| Minority Interest | $0 |
| TOTAL EQUITY | $723M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $1.2B |
| Net Debt | $421M |
