| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $320M | $225M | -17.7% | 17.3% |
| Op. Income | $33M | $82M | $20M | -60.1% | 61.6% |
| Gross Margin | 61.3% | 67.5% | 56.8% | -6.2pp | 4.5pp |
| Net Margin | 11.3% | 21.9% | 8.6% | -10.6pp | 2.7pp |
| EPS (Diluted) | $0.55 | $1.29 | $0.37 | -57.4% | 48.6% |
| Free Cash Flow | $65M | $75M | $40M | -14.1% | 63.0% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $48M |
| SG&A Expenses | $130M |
| Other Expenses | -$1M |
| Operating Expenses | $129M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $33M |
| Interest Income | $6M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $17M |
| EBIT | $31M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $48M |
| SG&A Expenses | $130M |
| Other Expenses | -$1M |
| Operating Expenses | $129M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $33M |
| Interest Income | $6M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $17M |
| EBIT | $31M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$249M |
| NET CASH FROM FINANCING | -$255M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | -$236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $15M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $251M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $105M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $176M |
| Tax Assets | $7M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $892M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $40M |
| Short-Term Debt | $21M |
| Deferred Revenue | $95M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $367M |
| Retained Earnings | $510M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $877M |
| Minority Interest | $0 |
| TOTAL EQUITY | $877M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $69M |
| Net Debt | -$1.0B |
