| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $414M | $360M | $369M | 14.9% | 12.0% |
| Op. Income | $162M | $141M | $141M | 15.1% | 15.1% |
| Gross Margin | 56.8% | 56.5% | 55.9% | 0.3pp | 1.0pp |
| Net Margin | 29.4% | 29.5% | 28.2% | -0.1pp | 1.2pp |
| EPS (Diluted) | $2.21 | $1.93 | $1.91 | 14.5% | 15.7% |
| Free Cash Flow | $51M | $61M | $61M | -14.9% | -14.9% |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $235M |
| R&D Expenses | $32M |
| Selling & Marketing | $15M |
| General & Administrative | $24M |
| SG&A Expenses | $39M |
| Other Expenses | $2M |
| Operating Expenses | $73M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $162M |
| Interest Income | $729.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $20M |
| EBIT | $165M |
| EBITDA | $184M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $235M |
| R&D Expenses | $32M |
| Selling & Marketing | $15M |
| General & Administrative | $24M |
| SG&A Expenses | $39M |
| Other Expenses | $2M |
| Operating Expenses | $73M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $162M |
| Interest Income | $729.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $20M |
| EBIT | $165M |
| EBITDA | $184M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$219M |
| Sales/Maturities of Investments | $91M |
| Other Investing Activities | $112.0K |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | -$899.0K |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $817M |
| Short-Term Investments | $309M |
| Net Receivables | $242M |
| Inventory | $376M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $515M |
| Goodwill | $60M |
| Intangible Assets | $47M |
| Long-Term Investments | $27M |
| Tax Assets | $28M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $694M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $43M |
| Short-Term Debt | $4M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | -$104M |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $358M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $729M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | -$129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $47M |
| Net Debt | -$770M |
