| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $237M | $276M | $218M | -14.1% | 8.5% |
| Op. Income | $58M | $90M | $55M | -35.1% | 6.2% |
| Gross Margin | 40.4% | 45.9% | 56.5% | -5.5pp | -16.0pp |
| Net Margin | 19.4% | 26.7% | 18.3% | -7.3pp | 1.2pp |
| EPS (Diluted) | $0.95 | $1.52 | $0.83 | -37.5% | 14.5% |
| Free Cash Flow | -$19M | $84M | -$6M | -122.9% | -207.4% |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $46M |
| SG&A Expenses | $76M |
| Other Expenses | $1M |
| Operating Expenses | $37M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $57.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $14M |
| EBIT | $60M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $46M |
| SG&A Expenses | $76M |
| Other Expenses | $1M |
| Operating Expenses | $37M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $57.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $14M |
| EBIT | $60M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$682.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $44M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $849.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$94M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $77M |
| Net Receivables | $315.0K |
| Inventory | $974M |
| Other Current Assets | $983M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $112M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | -$17M |
| Tax Assets | $19M |
| Other Non-Current Assets | $657.0K |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $35M |
| Short-Term Debt | $7M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $158M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $57M |
| Deferred Revenue NC | -$19M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $526.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | $973M |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | -$515.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $63M |
| Net Debt | -$158M |
