| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $74M | $69M | 2.2% | 9.5% |
| Op. Income | $51M | $49M | $24M | 4.1% | 106.9% |
| Gross Margin | 71.2% | 70.9% | 70.7% | 0.3pp | 0.4pp |
| Net Margin | 30.6% | 24.7% | 23.1% | 5.8pp | 7.4pp |
| EPS (Diluted) | $0.64 | $0.52 | $0.46 | 23.1% | 39.1% |
| Free Cash Flow | $58M | $41M | $48M | 40.3% | 20.1% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $20M |
| EBIT | $28M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $20M |
| EBIT | $28M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $502.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46.0K |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $5.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257.0K |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $0 |
| Goodwill | $990.0K |
| Intangible Assets | $13M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $169M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $915M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $936M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$318M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $868M |
| Minority Interest | $2M |
| TOTAL EQUITY | $870M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
