| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $306M | $290M | 1.7% | 7.4% |
| Op. Income | $17M | $7M | $33M | 150.1% | -49.1% |
| Gross Margin | 22.9% | 19.7% | 27.8% | 3.2pp | -4.9pp |
| Net Margin | 4.0% | 1.9% | 9.2% | 2.1pp | -5.1pp |
| EPS (Diluted) | $0.30 | $0.14 | $0.64 | 114.3% | -53.1% |
| Free Cash Flow | $66M | $79M | $83M | -16.4% | -20.0% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$390M |
| Sales/Maturities of Investments | $367M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$35.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $7.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $47M |
| Intangible Assets | $0 |
| Long-Term Investments | $327M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.6B |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $298M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $10.0B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $474M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$481M |
| Accum. Other Comp. Income | $63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $298M |
| Net Debt | $291M |
