| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $201M | $224M | 7.0% | -4.1% |
| Op. Income | $26M | $20M | $31M | 30.5% | -15.0% |
| Gross Margin | 40.1% | 39.3% | 40.5% | 0.8pp | -0.5pp |
| Net Margin | 9.5% | 7.8% | 8.9% | 1.7pp | 0.6pp |
| EPS (Diluted) | $0.42 | $0.32 | $0.41 | 31.2% | 2.4% |
| Free Cash Flow | $16M | $9M | $26M | 79.8% | -37.8% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $9M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $6M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $9M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $6M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $411.0K |
| Deferred Income Tax | -$107.0K |
| Other Non-Cash Items | $426.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $94.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $46M |
| Net Receivables | $8M |
| Inventory | $145M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $397M |
| PP&E (Net) | $136M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $162M |
| TOTAL ASSETS | $559M |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $102M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $146M |
| Common Stock | $490.0K |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $265M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $413M |
| Minority Interest | $0 |
| TOTAL EQUITY | $413M |
| TOTAL LIABILITIES & EQUITY | $559M |
| Total Debt | $0 |
| Net Debt | -$178M |
