| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | $304M | $285M | 5.5% | 12.5% |
| Op. Income | $46M | $38M | $24M | 21.1% | 93.3% |
| Gross Margin | 35.9% | 35.3% | 33.8% | 0.6pp | 2.1pp |
| Net Margin | 9.6% | 8.2% | 5.1% | 1.4pp | 4.6pp |
| EPS (Diluted) | $0.61 | $0.49 | $0.29 | 24.5% | 110.3% |
| Free Cash Flow | $16M | $13M | $3M | 25.3% | 463.0% |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $206M |
| GROSS PROFIT | $115M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $1M |
| Operating Expenses | $69M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $46M |
| Interest Income | $474.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $47M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $206M |
| GROSS PROFIT | $115M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $1M |
| Operating Expenses | $69M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $46M |
| Interest Income | $474.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $47M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$41.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$137.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $7M |
| Net Receivables | $228M |
| Inventory | $219M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $648M |
| PP&E (Net) | $454M |
| Goodwill | $133M |
| Intangible Assets | $142M |
| Long-Term Investments | $5M |
| Tax Assets | $44M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $820M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $117M |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $140M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $515M |
| Common Stock | $34M |
| Additional Paid-In Capital | $395M |
| Retained Earnings | $607M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $908M |
| Minority Interest | $45M |
| TOTAL EQUITY | $952M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $179M |
| Net Debt | $28M |
