| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $143M | $155M | 7.4% | -0.5% |
| Op. Income | $49M | $42M | $52M | 18.1% | -5.8% |
| Gross Margin | 58.1% | 55.5% | 59.6% | 2.6pp | -1.6pp |
| Net Margin | 20.2% | 19.7% | 21.5% | 0.5pp | -1.3pp |
| EPS (Diluted) | $0.45 | $0.40 | $0.46 | 12.5% | -2.2% |
| Free Cash Flow | $9M | $60M | $17M | -84.5% | -44.3% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $90M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$68.0K |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $52M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $90M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$68.0K |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $52M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$565.0K |
| Other Non-Cash Items | -$73.0K |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $259.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $10M |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $16M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $88M |
| TOTAL ASSETS | $285M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $73M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $689.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $0 |
| Net Debt | -$77M |
