| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $143M | $123M | 5.5% | 22.3% |
| Op. Income | $54M | $47M | $34M | 14.0% | 59.1% |
| Gross Margin | 92.0% | 93.1% | 92.7% | -1.1pp | -0.7pp |
| Net Margin | 27.7% | 25.7% | 17.7% | 2.0pp | 10.0pp |
| EPS (Diluted) | $0.74 | $0.65 | $0.45 | 13.8% | 64.4% |
| Free Cash Flow | $37M | $61M | $12M | -39.8% | 195.4% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $37M |
| Operating Expenses | $85M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $54M |
| Interest Income | $113M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $7M |
| EBIT | $54M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $37M |
| Operating Expenses | $85M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $54M |
| Interest Income | $113M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $7M |
| EBIT | $54M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$800.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $200.0K |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $135M |
| Other Investing Activities | -$97M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $710M |
| Short-Term Investments | $2.2B |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $234M |
| Goodwill | $446M |
| Intangible Assets | $72M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $432M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $92M |
| Short-Term Debt | $642M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $98M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $200.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $691M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $803M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $740M |
| Net Debt | $30M |
