| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | — | $103M | — | 101.0% |
| Op. Income | $88M | — | $25M | — | 258.9% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 34.8% | — | 17.2% | — | 17.6pp |
| EPS (Diluted) | $3.48 | — | $0.91 | — | 282.4% |
| Free Cash Flow | $26M | — | $50M | — | -47.7% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $207M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $3M |
| EBIT | $88M |
| EBITDA | $91M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $207M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $3M |
| EBIT | $88M |
| EBITDA | $91M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$293M |
| Sales/Maturities of Investments | $261M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$79.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $245M |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $8M |
| Other Non-Current Assets | $700.0K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $414M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$457.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $194.0K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | $117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$398.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $394M |
| Minority Interest | $0 |
| TOTAL EQUITY | $394M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $293.0K |
| Net Debt | -$64M |
