| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $135M | $124M | 3.0% | 11.7% |
| Op. Income | $46M | $42M | $36M | 10.1% | 27.5% |
| Gross Margin | 92.4% | 93.0% | 94.3% | -0.7pp | -1.9pp |
| Net Margin | 27.2% | 24.1% | 20.2% | 3.2pp | 7.0pp |
| EPS (Diluted) | $1.17 | $1.00 | $0.76 | 17.0% | 53.9% |
| Free Cash Flow | $49M | $104M | $33M | -52.7% | 51.5% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $30M |
| Operating Expenses | $82M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $46M |
| Interest Income | $118M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $30M |
| Operating Expenses | $82M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $46M |
| Interest Income | $118M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$129M |
| NET CASH FROM INVESTING | -$152M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $158M |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$764.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $249M |
| Short-Term Investments | $1.4B |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $151M |
| Goodwill | $243M |
| Intangible Assets | $18M |
| Long-Term Investments | $8.1B |
| Tax Assets | $78M |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $433M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $474M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $433M |
| Net Debt | $185M |
