| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $490M | $385M | 3.1% | 31.2% |
| Op. Income | $125M | $123M | $99M | 2.1% | 26.8% |
| Gross Margin | 73.6% | 74.6% | 75.9% | -1.0pp | -2.3pp |
| Net Margin | 20.0% | 21.6% | 21.4% | -1.7pp | -1.5pp |
| EPS (Diluted) | $1.24 | $1.30 | $1.01 | -4.6% | 22.8% |
| Free Cash Flow | $43M | $82M | $70M | -48.2% | -39.3% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $372M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $247M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $125M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $14M |
| EBIT | $125M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $372M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $247M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $125M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $14M |
| EBIT | $125M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$64.0K |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$144M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $184M |
| Net Receivables | $420M |
| Inventory | $49M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $492M |
| Goodwill | $64M |
| Intangible Assets | $20M |
| Long-Term Investments | $66M |
| Tax Assets | $47M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $704M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $356M |
| Other Current Liabilities | $106M |
| TOTAL CURRENT LIABILITIES | $618M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $735M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $865M |
| Retained Earnings | $328M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$728.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $0 |
| Net Debt | -$421M |
