| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $85M | $84M | 26.3% | 27.2% |
| Op. Income | $54M | $49M | $49M | 9.0% | 10.3% |
| Gross Margin | 96.0% | 98.7% | 99.2% | -2.7pp | -3.3pp |
| Net Margin | 36.1% | 41.8% | 35.2% | -5.6pp | 0.9pp |
| EPS (Diluted) | $0.30 | $0.32 | $0.27 | -6.3% | 11.1% |
| Free Cash Flow | $46M | $22M | $41M | 110.7% | 11.9% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $26M |
| SG&A Expenses | $27M |
| Other Expenses | $21M |
| Operating Expenses | $49M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $54M |
| Interest Income | $96M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $4M |
| EBIT | $54M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $26M |
| SG&A Expenses | $27M |
| Other Expenses | $21M |
| Operating Expenses | $49M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $54M |
| Interest Income | $96M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $4M |
| EBIT | $54M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $847.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$893.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$133M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $840M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | $694M |
| Net Debt Issuance | -$434M |
| Common Stock Repurchased | -$151.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$280M |
| NET CASH FROM FINANCING | -$729M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $1.8B |
| Net Receivables | $173M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $59M |
| Goodwill | $663M |
| Intangible Assets | $57M |
| Long-Term Investments | $8.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $305M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $0 |
| Short-Term Debt | $429M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $552M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $455M |
| Net Debt | $252M |
