| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $218M | $197M | 2.2% | 13.1% |
| Op. Income | -$5M | $171M | -$5M | -102.8% | 11.3% |
| Gross Margin | 93.4% | 92.6% | 91.4% | 0.8pp | 2.0pp |
| Net Margin | -1.0% | 65.1% | -2.4% | -66.1pp | 1.4pp |
| EPS (Diluted) | $-0.03 | $1.60 | $-0.06 | -101.7% | 54.4% |
| Free Cash Flow | $23M | $30M | $35M | -23.3% | -34.4% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $208M |
| R&D Expenses | $51M |
| Selling & Marketing | $120M |
| General & Administrative | $32M |
| SG&A Expenses | $152M |
| Other Expenses | $6.0K |
| Operating Expenses | $213M |
| Cost & Expenses | $228M |
| OPERATING INCOME | -$5M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $63.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $10M |
| EBIT | -$5M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$913.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$281M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$153M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $392M |
| Short-Term Investments | $422M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $910M |
| PP&E (Net) | $108M |
| Goodwill | $109M |
| Intangible Assets | $16M |
| Long-Term Investments | $15M |
| Tax Assets | $10M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $308M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $55M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$392M |
