| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $176M | $108M | 1.3% | 64.9% |
| Op. Income | $64M | $46M | $36M | 38.8% | 76.3% |
| Gross Margin | 83.7% | 84.6% | 83.9% | -0.8pp | -0.2pp |
| Net Margin | 28.5% | 20.7% | 23.0% | 7.7pp | 5.5pp |
| EPS (Diluted) | $0.51 | $0.37 | $0.40 | 37.8% | 27.5% |
| Free Cash Flow | $58M | $54M | $50M | 8.2% | 15.0% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $26M |
| Operating Expenses | $85M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $64M |
| Interest Income | $149M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $64M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $26M |
| Operating Expenses | $85M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $64M |
| Interest Income | $149M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $64M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $54.0K |
| Purchases of Investments | -$122M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | $47M |
| NET CASH FROM INVESTING | $82M |
| Net Debt Issuance | $206M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$351M |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $2.6B |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $220M |
| Goodwill | $881M |
| Intangible Assets | $53M |
| Long-Term Investments | $9.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $486M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $190M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.8B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $570M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $570M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $565M |
| Treasury Stock | -$110M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
