| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $108M | $97M | -4.9% | 6.6% |
| Op. Income | $48M | $53M | $47M | -10.2% | 1.2% |
| Gross Margin | 80.6% | 82.1% | 88.5% | -1.5pp | -7.9pp |
| Net Margin | 37.4% | 37.4% | 35.3% | 0.1pp | 2.1pp |
| EPS (Diluted) | $1.02 | $1.07 | $0.90 | -4.7% | 13.3% |
| Free Cash Flow | $58M | $38M | $48M | 52.8% | 21.0% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $35M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $48M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $48M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $35M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $48M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $48M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $991.0K |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $104M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | -$19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $54M |
| Goodwill | $60M |
| Intangible Assets | $3M |
| Long-Term Investments | $236M |
| Tax Assets | $2M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $374M |
| TOTAL ASSETS | $646M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$51M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $336M |
| Retained Earnings | $433M |
| Treasury Stock | -$179M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $579M |
| Minority Interest | $0 |
| TOTAL EQUITY | $579M |
| TOTAL LIABILITIES & EQUITY | $646M |
| Total Debt | $0 |
| Net Debt | -$210M |
