| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $294M | $288M | 6.0% | 8.6% |
| Op. Income | $88M | $92M | $89M | -4.5% | -1.8% |
| Gross Margin | 53.1% | 55.3% | 56.7% | -2.2pp | -3.6pp |
| Net Margin | 21.0% | 22.7% | 23.2% | -1.7pp | -2.3pp |
| EPS (Diluted) | $1.66 | $1.68 | $1.62 | -1.2% | 2.5% |
| Free Cash Flow | $84M | $71M | $89M | 18.0% | -4.9% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $78M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $88M |
| Interest Income | $487.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $13M |
| EBIT | $88M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $78M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $88M |
| Interest Income | $487.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $13M |
| EBIT | $88M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$912.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$230M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$239M |
| Net Debt Issuance | $210M |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $150M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $32M |
| Net Receivables | $147M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $373M |
| PP&E (Net) | $97M |
| Goodwill | $696M |
| Intangible Assets | $176M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $985M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $182M |
| Long-Term Debt | $575M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $648M |
| TOTAL LIABILITIES | $830M |
| Common Stock | $517.0K |
| Additional Paid-In Capital | $720M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $528M |
| Minority Interest | $0 |
| TOTAL EQUITY | $528M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $575M |
| Net Debt | $413M |
