| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $259M | $242M | $248M | 6.9% | 4.5% |
| Op. Income | $54M | $53M | $57M | 2.2% | -4.1% |
| Gross Margin | 32.7% | 33.4% | 33.4% | -0.7pp | -0.7pp |
| Net Margin | 23.8% | 13.8% | 13.7% | 10.0pp | 10.1pp |
| EPS (Diluted) | $0.93 | $0.50 | $0.51 | 86.0% | 82.4% |
| Free Cash Flow | $72M | $126M | $108M | -42.7% | -33.3% |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $14M |
| Operating Expenses | $30M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $632.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $2M |
| EBIT | $54M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $14M |
| Operating Expenses | $30M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $632.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $2M |
| EBIT | $54M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $534.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$652.0K |
| Acquisitions (Net) | $150.0K |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $133M |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $425M |
| PP&E (Net) | $32M |
| Goodwill | $527M |
| Intangible Assets | $195M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $773M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $369M |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $655M |
| Retained Earnings | $182M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $824M |
| Minority Interest | $5M |
| TOTAL EQUITY | $829M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $12M |
| Net Debt | -$185M |
