| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $828M | 4.3% | 33.3% |
| Op. Income | $173M | $168M | -$19M | 2.6% | 1029.0% |
| Gross Margin | 78.5% | 79.4% | 79.9% | -0.9pp | -1.4pp |
| Net Margin | 13.2% | 20.6% | 21.7% | -7.4pp | -8.5pp |
| EPS (Diluted) | $1.58 | $2.40 | $2.06 | -34.2% | -23.3% |
| Free Cash Flow | $271M | $203M | $125M | 33.8% | 116.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $237M |
| GROSS PROFIT | $867M |
| R&D Expenses | $78M |
| Selling & Marketing | $387M |
| General & Administrative | $191M |
| SG&A Expenses | $578M |
| Other Expenses | $39M |
| Operating Expenses | $695M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $173M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $39M |
| EBIT | $181M |
| EBITDA | $204M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $237M |
| GROSS PROFIT | $867M |
| R&D Expenses | $78M |
| Selling & Marketing | $387M |
| General & Administrative | $191M |
| SG&A Expenses | $578M |
| Other Expenses | $39M |
| Operating Expenses | $695M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $173M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $39M |
| EBIT | $181M |
| EBITDA | $204M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | -$763.0K |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $292M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$122.0K |
| Purchases of Investments | -$215M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$157M |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | $271M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $209M |
| Net Receivables | $347M |
| Inventory | $0 |
| Other Current Assets | $246M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $308M |
| Goodwill | $2.6B |
| Intangible Assets | $624M |
| Long-Term Investments | $218M |
| Tax Assets | $35M |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $76M |
| Short-Term Debt | $25M |
| Deferred Revenue | $381M |
| Other Current Liabilities | $411M |
| TOTAL CURRENT LIABILITIES | $894M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $857M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $262.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$283M |
| Other Equity | $1.8B |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.0B |
| Net Debt | $327M |
