| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.1B | 1.8% | 21.1% |
| Op. Income | $49M | $101M | -$482M | -51.6% | 110.1% |
| Gross Margin | 21.0% | 27.7% | -31.1% | -6.7pp | 52.1pp |
| Net Margin | 4.1% | 8.0% | -41.9% | -3.9pp | 46.0pp |
| EPS (Diluted) | $0.52 | $1.11 | $-5.49 | -53.2% | 109.5% |
| Free Cash Flow | $174M | $45M | $153M | 282.1% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $155M |
| SG&A Expenses | $155M |
| Other Expenses | $74M |
| Operating Expenses | $229M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $10M |
| EBIT | $66M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $155M |
| SG&A Expenses | $155M |
| Other Expenses | $74M |
| Operating Expenses | $229M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $10M |
| EBIT | $66M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $95M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23.0K |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$23.0K |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $11.9B |
| Net Receivables | $7.0B |
| Inventory | $0 |
| Other Current Assets | -$21.1B |
| TOTAL CURRENT ASSETS | $18.2B |
| PP&E (Net) | $0 |
| Goodwill | $102M |
| Intangible Assets | $248M |
| Long-Term Investments | $12.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.1B |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $24.8B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | -$1.4B |
| Other Current Liabilities | -$1.5B |
| TOTAL CURRENT LIABILITIES | $18.2B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $19.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$162M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $24.8B |
| Total Debt | $1.4B |
| Net Debt | -$375M |
