| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $251M | $146M | 30.7% | 124.7% |
| Op. Income | $113M | $48M | $89M | 137.1% | 27.3% |
| Gross Margin | 57.8% | 60.0% | 80.5% | -2.3pp | -22.8pp |
| Net Margin | 32.3% | 18.4% | 50.9% | 13.9pp | -18.7pp |
| EPS (Diluted) | $0.32 | $0.14 | $0.23 | 130.5% | 42.2% |
| Free Cash Flow | $0 | $55M | $132M | -100.0% | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $189M |
| R&D Expenses | $5M |
| Selling & Marketing | $23M |
| General & Administrative | $10M |
| SG&A Expenses | $34M |
| Other Expenses | $37M |
| Operating Expenses | $76M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $113M |
| Interest Income | $669.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $0 |
| EBIT | $113M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $189M |
| R&D Expenses | $5M |
| Selling & Marketing | $23M |
| General & Administrative | $10M |
| SG&A Expenses | $34M |
| Other Expenses | $37M |
| Operating Expenses | $76M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $113M |
| Interest Income | $669.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $0 |
| EBIT | $113M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $106M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$26 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$106M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424M |
| Short-Term Investments | $10M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $395M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $6M |
| Tax Assets | $26M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $881M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$146 |
| TOTAL NON-CURRENT LIABILITIES | -$146 |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $32.1K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $528M |
| Treasury Stock | -$81M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $881M |
| Net Debt | $457M |
