| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $193M | $189M | 3.4% | 5.2% |
| Op. Income | $28M | $24M | $37M | 17.0% | -22.5% |
| Gross Margin | 49.9% | 49.3% | 50.7% | 0.6pp | -0.7pp |
| Net Margin | 7.3% | 6.0% | 9.5% | 1.3pp | -2.1pp |
| EPS (Diluted) | $0.44 | $0.35 | $0.55 | 25.7% | -20.0% |
| Free Cash Flow | $31M | $22M | $4M | 40.4% | 594.4% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $99M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | -$970.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $28M |
| Interest Income | $800.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $11M |
| EBIT | $28M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $99M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | -$970.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $28M |
| Interest Income | $800.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $11M |
| EBIT | $28M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$238.0K |
| Other Non-Cash Items | $583.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $116M |
| Net Receivables | $246M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $540M |
| PP&E (Net) | $38M |
| Goodwill | $210M |
| Intangible Assets | $64M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $336M |
| TOTAL ASSETS | $875M |
| Account Payables | $32M |
| Short-Term Debt | $21M |
| Deferred Revenue | $83M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $211M |
| Long-Term Debt | $314M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $98.0K |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $339M |
| TOTAL LIABILITIES | $551M |
| Common Stock | $689.0K |
| Additional Paid-In Capital | $423M |
| Retained Earnings | $741M |
| Treasury Stock | -$810M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $325M |
| Minority Interest | $0 |
| TOTAL EQUITY | $325M |
| TOTAL LIABILITIES & EQUITY | $875M |
| Total Debt | $334M |
| Net Debt | $192M |
