| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $237M | $236M | -34.4% | -34.2% |
| Op. Income | $29M | $58M | $60M | -49.7% | -50.7% |
| Gross Margin | 55.8% | 40.4% | 40.7% | 15.3pp | 15.0pp |
| Net Margin | 21.7% | 19.4% | 16.6% | 2.3pp | 5.1pp |
| EPS (Diluted) | $0.70 | $0.95 | $0.81 | -26.3% | -13.6% |
| Free Cash Flow | -$58M | -$19M | $110M | -204.9% | -152.9% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $10M |
| SG&A Expenses | $42M |
| Other Expenses | $16M |
| Operating Expenses | $57M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $29M |
| Interest Income | $13M |
| Interest Expense | $558.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $43M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $10M |
| SG&A Expenses | $42M |
| Other Expenses | $16M |
| Operating Expenses | $57M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $29M |
| Interest Income | $13M |
| Interest Expense | $558.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $43M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$156M |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $327.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $69M |
| Net Receivables | $71M |
| Inventory | $62M |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $111M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $878M |
| Tax Assets | $4M |
| Other Non-Current Assets | $743.0K |
| TOTAL NON-CURRENT ASSETS | $997M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $17M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $55M |
| Deferred Revenue NC | -$4M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $526.0K |
| Additional Paid-In Capital | $252M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$120M |
| Accum. Other Comp. Income | -$652.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $62M |
| Net Debt | $17M |
