| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $381M | $382M | $318M | -0.1% | 20.0% |
| Op. Income | $108M | $104M | $94M | 4.2% | 15.7% |
| Gross Margin | 81.4% | 82.0% | 85.3% | -0.6pp | -3.9pp |
| Net Margin | 22.5% | 23.4% | 20.5% | -0.8pp | 2.1pp |
| EPS (Diluted) | $0.48 | $0.50 | $0.41 | -4.0% | 17.1% |
| Free Cash Flow | $167M | $59M | -$17M | 181.5% | 1095.7% |
| Item | Amount |
|---|---|
| REVENUE | $381M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $132M |
| SG&A Expenses | $140M |
| Other Expenses | $62M |
| Operating Expenses | $202M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $108M |
| Interest Income | $295M |
| Interest Expense | $76M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $16M |
| EBIT | $108M |
| EBITDA | $124M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $381M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $132M |
| SG&A Expenses | $140M |
| Other Expenses | $62M |
| Operating Expenses | $202M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $108M |
| Interest Income | $295M |
| Interest Expense | $76M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $16M |
| EBIT | $108M |
| EBITDA | $124M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$217M |
| Sales/Maturities of Investments | $312M |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | $133M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$119M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | -$244M |
| FREE CASH FLOW | $167M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $522M |
| Short-Term Investments | $4.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $359M |
| Goodwill | $1.2B |
| Intangible Assets | $146M |
| Long-Term Investments | $25.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $28.9B |
| TOTAL ASSETS | $33.5B |
| Account Payables | $0 |
| Short-Term Debt | $210M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.0B |
| TOTAL CURRENT LIABILITIES | $25.6B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $29.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $33.5B |
| Total Debt | $4.3B |
| Net Debt | $3.8B |
