| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $348M | $296M | $283M | 17.4% | 22.7% |
| Op. Income | $30M | $25M | $26M | 23.1% | 15.7% |
| Gross Margin | 35.0% | 32.8% | 34.8% | 2.2pp | 0.2pp |
| Net Margin | 7.2% | 7.4% | 5.9% | -0.2pp | 1.3pp |
| EPS (Diluted) | $0.45 | $0.39 | $0.30 | 15.4% | 50.0% |
| Free Cash Flow | -$13M | $10M | -$20M | -220.3% | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $348M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $30M |
| Interest Income | $983.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $983.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $10M |
| EBIT | $30M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $348M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $30M |
| Interest Income | $983.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $983.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $10M |
| EBIT | $30M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $36.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$722.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $131M |
| Net Receivables | $0 |
| Inventory | $228M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $215M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $222M |
| TOTAL ASSETS | $772M |
| Account Payables | $104M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $264M |
| Common Stock | $557.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | $159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $508M |
| Minority Interest | $0 |
| TOTAL EQUITY | $508M |
| TOTAL LIABILITIES & EQUITY | $772M |
| Total Debt | $0 |
| Net Debt | -$133M |
