| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $632M | $530M | $564M | 19.3% | 12.1% |
| Op. Income | $59M | $31M | $53M | 87.6% | 10.3% |
| Gross Margin | 36.3% | 36.8% | 36.9% | -0.5pp | -0.5pp |
| Net Margin | 8.9% | 7.0% | 8.3% | 1.9pp | 0.6pp |
| EPS (Diluted) | $0.34 | $0.22 | $0.28 | 54.5% | 21.4% |
| Free Cash Flow | $61M | -$11M | $68M | 660.8% | -10.3% |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $230M |
| R&D Expenses | $37M |
| Selling & Marketing | $107M |
| General & Administrative | $25M |
| SG&A Expenses | $133M |
| Other Expenses | $2M |
| Operating Expenses | $171M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $59M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $14M |
| EBIT | $57M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $230M |
| R&D Expenses | $37M |
| Selling & Marketing | $107M |
| General & Administrative | $25M |
| SG&A Expenses | $133M |
| Other Expenses | $2M |
| Operating Expenses | $171M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $59M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $14M |
| EBIT | $57M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$85M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $647.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$105M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $7M |
| Net Receivables | $302M |
| Inventory | $330M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $87M |
| Goodwill | $271M |
| Intangible Assets | $94M |
| Long-Term Investments | $29M |
| Tax Assets | $103M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $590M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $387M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $616M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $730M |
| Common Stock | $30M |
| Additional Paid-In Capital | $30M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$157M |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $922M |
| Minority Interest | $0 |
| TOTAL EQUITY | $922M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $0 |
| Net Debt | -$399M |
