| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $95M | $94M | 4.9% | 6.3% |
| Op. Income | $11M | $12M | $12M | -7.1% | -7.5% |
| Gross Margin | 42.2% | 42.3% | 40.1% | -0.1pp | 2.1pp |
| Net Margin | 11.7% | 8.5% | 11.1% | 3.1pp | 0.6pp |
| EPS (Diluted) | $0.39 | $0.28 | $0.36 | 39.3% | 8.3% |
| Free Cash Flow | $14M | -$10M | $3M | 239.2% | 320.6% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $42M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $1M |
| Operating Expenses | $31M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $11M |
| Interest Income | $329.0K |
| Interest Expense | $11.0K |
| Other Income/Expenses | $318.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $42M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $1M |
| Operating Expenses | $31M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $11M |
| Interest Income | $329.0K |
| Interest Expense | $11.0K |
| Other Income/Expenses | $318.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$20.0K |
| Other Non-Cash Items | $496.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$786.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$16.0K |
| NET CASH FROM INVESTING | -$73.0K |
| Net Debt Issuance | -$331.0K |
| Common Stock Repurchased | $939.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $24M |
| Net Receivables | $91M |
| Inventory | $63M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $316M |
| PP&E (Net) | $34M |
| Goodwill | $65M |
| Intangible Assets | $14M |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $119M |
| TOTAL ASSETS | $436M |
| Account Payables | $41M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $29M |
| Additional Paid-In Capital | $128M |
| Retained Earnings | $168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $436M |
| Total Debt | $8M |
| Net Debt | -$119M |
