| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $120M | $102M | 24.8% | 47.1% |
| Op. Income | $55M | $12M | $28M | 363.7% | 93.5% |
| Gross Margin | 83.9% | 80.8% | 89.0% | 3.1pp | -5.1pp |
| Net Margin | 27.6% | 7.8% | 19.8% | 19.8pp | 7.9pp |
| EPS (Diluted) | $0.87 | $0.24 | $0.54 | 262.5% | 61.1% |
| Free Cash Flow | -$42M | -$106M | -$28M | 60.0% | -51.2% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $31M |
| Operating Expenses | $71M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $55M |
| Interest Income | $121M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $31M |
| Operating Expenses | $71M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $55M |
| Interest Income | $121M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$75M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$521.0K |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $48M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$205M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $422M |
| NET CASH FROM FINANCING | $211M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $146M |
| Goodwill | $506M |
| Intangible Assets | $55M |
| Long-Term Investments | $8.7B |
| Tax Assets | $38M |
| Other Non-Current Assets | $684M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $0 |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.2B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $746M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $829M |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $49M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $338M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $760M |
| Net Debt | $590M |
