| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $53M | $48M | 5.2% | 18.0% |
| Op. Income | $25M | $22M | $23M | 16.9% | 11.0% |
| Gross Margin | 76.9% | 75.4% | 84.3% | 1.5pp | -7.3pp |
| Net Margin | 35.8% | 34.3% | 32.3% | 1.5pp | 3.6pp |
| EPS (Diluted) | $0.78 | $0.71 | $0.60 | 9.9% | 30.0% |
| Free Cash Flow | $17M | $25M | $11M | -33.9% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $25M |
| Interest Income | $49M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $25M |
| Interest Income | $49M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$624.0K |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $187M |
| Common Stock Repurchased | -$44.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$164M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $563M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $759M |
| PP&E (Net) | $57M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $7M |
| Short-Term Debt | $106M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $206M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $109M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $390M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $486M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $486M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $312M |
| Net Debt | $132M |
