| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $157M | $182M | 9.8% | -5.1% |
| Op. Income | $13M | $10M | $20M | 21.8% | -36.2% |
| Gross Margin | 35.8% | 36.8% | 37.6% | -1.0pp | -1.8pp |
| Net Margin | 13.2% | 42.7% | 9.5% | -29.5pp | 3.6pp |
| EPS (Diluted) | $0.32 | $0.95 | $0.25 | -66.3% | 28.0% |
| Free Cash Flow | $16M | $17M | $16M | -9.0% | -3.0% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $62M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $160M |
| OPERATING INCOME | $13M |
| Interest Income | $689.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $18M |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $10M |
| EBIT | $13M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $62M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $160M |
| OPERATING INCOME | $13M |
| Interest Income | $689.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $18M |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $10M |
| EBIT | $13M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $882.0K |
| Other Non-Cash Items | -$981.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$402.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $42M |
| Net Receivables | $157M |
| Inventory | $132M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $542M |
| PP&E (Net) | $62M |
| Goodwill | $282M |
| Intangible Assets | $106M |
| Long-Term Investments | $48M |
| Tax Assets | $46M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $550M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $68M |
| Short-Term Debt | $2M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $378M |
| Common Stock | $841.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$997M |
| Treasury Stock | -$201M |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $712M |
| Minority Interest | $876.0K |
| TOTAL EQUITY | $713M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $196M |
| Net Debt | $17M |
