| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $670M | $706M | $529M | -5.0% | 26.8% |
| Op. Income | $183M | $251M | $698.0K | -27.3% | 26069.9% |
| Gross Margin | 80.4% | 82.0% | 58.7% | -1.6pp | 21.7pp |
| Net Margin | 21.0% | 39.6% | 3.9% | -18.6pp | 17.1pp |
| EPS (Diluted) | $1.38 | $2.73 | $0.19 | -49.5% | 626.3% |
| Free Cash Flow | $240M | $162M | $254M | 47.9% | -5.3% |
| Item | Amount |
|---|---|
| REVENUE | $670M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $539M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $210M |
| SG&A Expenses | $225M |
| Other Expenses | $131M |
| Operating Expenses | $356M |
| Cost & Expenses | $488M |
| OPERATING INCOME | $183M |
| Interest Income | $528M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $16M |
| EBIT | $183M |
| EBITDA | $198M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $670M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $539M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $210M |
| SG&A Expenses | $225M |
| Other Expenses | $131M |
| Operating Expenses | $356M |
| Cost & Expenses | $488M |
| OPERATING INCOME | $183M |
| Interest Income | $528M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $16M |
| EBIT | $183M |
| EBITDA | $198M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $141M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $517.0K |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$89M |
| Change in Working Capital | $150M |
| OPERATING CASH FLOW | $262M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$182M |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$561M |
| Net Debt Issuance | $183M |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $266M |
| NET CASH FROM FINANCING | $300M |
| FREE CASH FLOW | $240M |
| Net Change in Cash | $294.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $12.8B |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19.3B |
| PP&E (Net) | $557M |
| Goodwill | $688M |
| Intangible Assets | $192M |
| Long-Term Investments | $25.5B |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $586M |
| TOTAL NON-CURRENT ASSETS | $28.7B |
| TOTAL ASSETS | $47.9B |
| Account Payables | $0 |
| Short-Term Debt | $301M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39.6B |
| TOTAL CURRENT LIABILITIES | $40.0B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $980M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $42.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$184M |
| Accum. Other Comp. Income | -$534M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $47.9B |
| Total Debt | $2.0B |
| Net Debt | -$3.0B |
