| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $79M | $55M | -25.3% | 7.2% |
| Op. Income | $36M | $52M | $33M | -31.6% | 7.7% |
| Gross Margin | 84.0% | 87.5% | 83.3% | -3.5pp | 0.7pp |
| Net Margin | 60.5% | 66.0% | 60.2% | -5.6pp | 0.3pp |
| EPS (Diluted) | $0.37 | $0.59 | $0.40 | -37.3% | -7.5% |
| Free Cash Flow | -$22M | -$157M | $9M | 86.2% | -341.5% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $10M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $36M |
| Interest Income | $49M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $53.0K |
| EBIT | $36M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $10M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $36M |
| Interest Income | $49M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $53.0K |
| EBIT | $36M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $53.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$209.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$209.0K |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $50.0K |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $21M |
| Short-Term Debt | $81M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $102M |
| Long-Term Debt | $717M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $717M |
| TOTAL LIABILITIES | $819M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $797M |
| Net Debt | $754M |
