| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $107M | $98M | 63.7% | 78.8% |
| Op. Income | $46M | $38M | $34M | 19.9% | 34.7% |
| Gross Margin | 84.6% | 84.3% | 87.0% | 0.3pp | -2.5pp |
| Net Margin | 20.7% | 28.4% | 23.1% | -7.7pp | -2.4pp |
| EPS (Diluted) | $0.37 | $0.49 | $0.37 | -24.5% | 0.0% |
| Free Cash Flow | $54M | $47M | $9M | 13.3% | 494.5% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $72M |
| SG&A Expenses | $75M |
| Other Expenses | $28M |
| Operating Expenses | $103M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $46M |
| Interest Income | $147M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $7M |
| EBIT | $46M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $72M |
| SG&A Expenses | $75M |
| Other Expenses | $28M |
| Operating Expenses | $103M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $46M |
| Interest Income | $147M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $7M |
| EBIT | $46M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$382M |
| Sales/Maturities of Investments | $333M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $282M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$171M |
| NET CASH FROM FINANCING | $93M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $2.7B |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $224M |
| Goodwill | $883M |
| Intangible Assets | $52M |
| Long-Term Investments | $9.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $467M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $146M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $469M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $469M |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $533M |
| Treasury Stock | -$110M |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
