| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | $335M | $312M | 1.4% | 8.9% |
| Op. Income | $93M | $95M | $88M | -2.3% | 6.4% |
| Gross Margin | 51.4% | 51.3% | 53.1% | 0.1pp | -1.7pp |
| Net Margin | 22.0% | 15.9% | 21.0% | 6.1pp | 1.0pp |
| EPS (Diluted) | $1.91 | $1.33 | $1.66 | 43.6% | 15.1% |
| Free Cash Flow | $120M | $86M | $84M | 39.0% | 41.9% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $175M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $82M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $93M |
| Interest Income | $546.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $14M |
| EBIT | $93M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $175M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $82M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $93M |
| Interest Income | $546.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $14M |
| EBIT | $93M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$7.0K |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$133M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $30M |
| Net Receivables | $145M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $94M |
| Goodwill | $705M |
| Intangible Assets | $156M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $978M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $575M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $674M |
| TOTAL LIABILITIES | $872M |
| Common Stock | $391.0K |
| Additional Paid-In Capital | $643M |
| Retained Earnings | $78M |
| Treasury Stock | -$145M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $535M |
| Minority Interest | $0 |
| TOTAL EQUITY | $535M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $575M |
| Net Debt | $362M |
