| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $217M | $187M | 11.4% | 29.8% |
| Op. Income | $53M | $47M | $35M | 13.8% | 52.5% |
| Gross Margin | 33.4% | 33.1% | 33.0% | 0.3pp | 0.4pp |
| Net Margin | 13.8% | 18.0% | 11.2% | -4.3pp | 2.6pp |
| EPS (Diluted) | $0.50 | $0.59 | $0.31 | -15.3% | 61.3% |
| Free Cash Flow | $126M | -$64M | $106M | 296.9% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $2M |
| EBIT | $53M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $2M |
| EBIT | $53M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $365.0K |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $247.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $61M |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $33M |
| Goodwill | $527M |
| Intangible Assets | $195M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $775M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $379M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $666M |
| Retained Earnings | $134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $786M |
| Minority Interest | $4M |
| TOTAL EQUITY | $790M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $16M |
| Net Debt | -$229M |
