| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $157M | $82M | -2.4% | 86.3% |
| Op. Income | $61M | $58M | $31M | 5.1% | 95.7% |
| Gross Margin | 94.4% | 94.6% | 94.1% | -0.2pp | 0.3pp |
| Net Margin | 33.6% | 35.5% | 23.5% | -1.9pp | 10.1pp |
| EPS (Diluted) | $0.85 | $0.92 | $0.33 | -7.5% | 158.2% |
| Free Cash Flow | $82M | $118M | $63M | -30.0% | 30.0% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $69M |
| General & Administrative | $15M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $61M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $228.2K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $0 |
| EBIT | $61M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $69M |
| General & Administrative | $15M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $61M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $228.2K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $0 |
| EBIT | $61M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $610.2K |
| Stock-Based Compensation | $237.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $180M |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $206M |
| TOTAL CURRENT ASSETS | $559M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $72M |
| Tax Assets | $0 |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $226M |
| TOTAL ASSETS | $786M |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $366M |
| TOTAL NON-CURRENT LIABILITIES | $366M |
| TOTAL LIABILITIES | $422M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $364M |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $786M |
| Total Debt | $0 |
| Net Debt | -$126M |
