| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $163M | $106M | 4.3% | 60.2% |
| Op. Income | $23M | $20M | $16M | 16.0% | 43.4% |
| Gross Margin | 31.4% | 28.1% | 40.1% | 3.3pp | -8.7pp |
| Net Margin | 9.7% | 8.9% | 9.0% | 0.8pp | 0.7pp |
| EPS (Diluted) | $0.45 | $0.40 | $0.23 | 12.5% | 95.7% |
| Free Cash Flow | $36M | $19M | $28M | 83.5% | 25.7% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $30M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $10M |
| EBIT | $24M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $30M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $10M |
| EBIT | $24M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$38.0K |
| Other Non-Cash Items | $729.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$201.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $150.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$15.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $115M |
| Inventory | $7.0K |
| Other Current Assets | $7.0K |
| TOTAL CURRENT ASSETS | $158M |
| PP&E (Net) | $52M |
| Goodwill | $661M |
| Intangible Assets | $84M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $810M |
| TOTAL ASSETS | $968M |
| Account Payables | $17M |
| Short-Term Debt | $17M |
| Deferred Revenue | $121M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $147M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $602.0K |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $428M |
| Common Stock | $356.0K |
| Additional Paid-In Capital | $634M |
| Retained Earnings | -$87M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $540M |
| Minority Interest | $0 |
| TOTAL EQUITY | $540M |
| TOTAL LIABILITIES & EQUITY | $968M |
| Total Debt | $164M |
| Net Debt | $141M |
