| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $328M | $303M | -0.2% | 7.8% |
| Op. Income | $88M | $104M | $89M | -15.5% | -1.7% |
| Gross Margin | 86.7% | 88.5% | 90.2% | -1.9pp | -3.5pp |
| Net Margin | 20.2% | 24.1% | 18.9% | -3.9pp | 1.3pp |
| EPS (Diluted) | $0.31 | $0.35 | $0.26 | -11.4% | 19.2% |
| Free Cash Flow | -$22M | $69M | $20M | -132.1% | -207.7% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $139M |
| SG&A Expenses | $142M |
| Other Expenses | $53M |
| Operating Expenses | $196M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $88M |
| Interest Income | $257M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $13M |
| EBIT | $88M |
| EBITDA | $101M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $139M |
| SG&A Expenses | $142M |
| Other Expenses | $53M |
| Operating Expenses | $196M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $88M |
| Interest Income | $257M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $13M |
| EBIT | $88M |
| EBITDA | $101M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$105M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$341M |
| NET CASH FROM INVESTING | -$314M |
| Net Debt Issuance | -$139.0K |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $620M |
| NET CASH FROM FINANCING | $567M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $803M |
| Short-Term Investments | $2.9B |
| Net Receivables | $1.3B |
| Inventory | -$1.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $246M |
| Goodwill | $1.8B |
| Intangible Assets | $193M |
| Long-Term Investments | $18.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $601M |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $0 |
| Short-Term Debt | $274M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.7B |
| TOTAL CURRENT LIABILITIES | $21.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $524M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $1.4B |
| Net Debt | $642M |
