| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $91M | $66M | 2.2% | 40.9% |
| Op. Income | $34M | $30M | $25M | 11.3% | 33.6% |
| Gross Margin | 86.9% | 89.2% | 93.7% | -2.3pp | -6.8pp |
| Net Margin | 26.7% | 24.1% | 24.9% | 2.6pp | 1.8pp |
| EPS (Diluted) | $0.51 | $0.45 | $0.43 | 13.3% | 18.6% |
| Free Cash Flow | $14M | $89M | -$55M | -84.3% | 125.3% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $34M |
| Interest Income | $70M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $34M |
| Interest Income | $70M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $874.0K |
| Deferred Income Tax | $429.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$152M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$162M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $871M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $120M |
| Goodwill | $268M |
| Intangible Assets | $36M |
| Long-Term Investments | $6.0B |
| Tax Assets | $17M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $0 |
| Short-Term Debt | $390M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.2B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $225M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$105M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $957M |
| Minority Interest | $0 |
| TOTAL EQUITY | $957M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $615M |
| Net Debt | $385M |
