| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $382M | $350M | $300M | 9.2% | 27.2% |
| Op. Income | $104M | $87M | $78M | 19.1% | 33.4% |
| Gross Margin | 82.0% | 85.2% | 84.7% | -3.3pp | -2.8pp |
| Net Margin | 23.4% | 19.9% | 19.3% | 3.5pp | 4.0pp |
| EPS (Diluted) | $0.50 | $0.40 | $0.36 | 25.0% | 38.9% |
| Free Cash Flow | $59M | $33M | $152M | 78.9% | -60.9% |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $132M |
| SG&A Expenses | $139M |
| Other Expenses | $70M |
| Operating Expenses | $209M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $104M |
| Interest Income | $291M |
| Interest Expense | $65M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $89M |
| Net Income Deductions | -$440.0K |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $15M |
| EBIT | $104M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $132M |
| SG&A Expenses | $139M |
| Other Expenses | $70M |
| Operating Expenses | $209M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $104M |
| Interest Income | $291M |
| Interest Expense | $65M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $89M |
| Net Income Deductions | -$440.0K |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $15M |
| EBIT | $104M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$133.0K |
| Purchases of Investments | -$243M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | -$185M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $171M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $4.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $361M |
| Goodwill | $1.2B |
| Intangible Assets | $147M |
| Long-Term Investments | $25.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $28.9B |
| TOTAL ASSETS | $33.7B |
| Account Payables | $0 |
| Short-Term Debt | $257M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.9B |
| TOTAL CURRENT LIABILITIES | $24.6B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $29.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$120M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $33.7B |
| Total Debt | $5.6B |
| Net Debt | $5.1B |
