| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $65M | $59M | 4.3% | 13.5% |
| Op. Income | $27M | $25M | $18M | 9.9% | 55.0% |
| Gross Margin | 83.4% | 83.2% | 84.3% | 0.2pp | -0.9pp |
| Net Margin | 33.0% | 32.3% | 20.1% | 0.6pp | 12.9pp |
| EPS (Diluted) | $0.95 | $0.90 | $0.50 | 5.6% | 90.0% |
| Free Cash Flow | $28M | $22M | $22M | 28.7% | 25.2% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $27M |
| Interest Income | $58M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $1M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $27M |
| Interest Income | $58M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $1M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $913.0K |
| Deferred Income Tax | $802.0K |
| Other Non-Cash Items | $966.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$89M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $138M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $651M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $847M |
| PP&E (Net) | $33M |
| Goodwill | $117M |
| Intangible Assets | $10M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $647M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $686M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $239.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | $264M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $574M |
| Minority Interest | $0 |
| TOTAL EQUITY | $574M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $647M |
| Net Debt | $469M |
