| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $177M | — | 25.1% | — |
| Op. Income | $55M | $59M | — | -5.7% | — |
| Gross Margin | 92.1% | 92.3% | — | -0.2pp | — |
| Net Margin | 20.0% | 22.2% | — | -2.2pp | — |
| EPS (Diluted) | $0.72 | $0.65 | — | 10.3% | — |
| Free Cash Flow | $51M | $77M | — | -34.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $123M |
| General & Administrative | $25M |
| SG&A Expenses | $149M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $55M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $123M |
| General & Administrative | $25M |
| SG&A Expenses | $149M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $55M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $146M |
| Net Receivables | $111M |
| Inventory | $0 |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $717M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25M |
| Tax Assets | $100M |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $303M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | -$249M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $663.8K |
| Other Non-Current Liabilities | $570M |
| TOTAL NON-CURRENT LIABILITIES | $599M |
| TOTAL LIABILITIES | $655M |
| Common Stock | $11.1K |
| Additional Paid-In Capital | $160M |
| Retained Earnings | $204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $632.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $0 |
| Net Debt | -$205M |
