| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | $244M | $229M | 3.7% | 10.1% |
| Op. Income | $54M | $48M | $46M | 12.8% | 16.5% |
| Gross Margin | 60.5% | 57.9% | 58.4% | 2.5pp | 2.0pp |
| Net Margin | 16.6% | 17.2% | 20.1% | -0.6pp | -3.6pp |
| EPS (Diluted) | $0.97 | $0.98 | $1.07 | -1.0% | -9.3% |
| Free Cash Flow | $52M | $42M | $37M | 22.5% | 41.1% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $36M |
| SG&A Expenses | $75M |
| Other Expenses | $24M |
| Operating Expenses | $99M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $54M |
| Interest Income | $600.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $24M |
| EBIT | $56M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $36M |
| SG&A Expenses | $75M |
| Other Expenses | $24M |
| Operating Expenses | $99M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $54M |
| Interest Income | $600.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $24M |
| EBIT | $56M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $45M |
| Net Receivables | $171M |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $566M |
| PP&E (Net) | $146M |
| Goodwill | $561M |
| Intangible Assets | $84M |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $861M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $208M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $331M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $556M |
| Common Stock | $0 |
| Additional Paid-In Capital | $612M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$718M |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $871M |
| Minority Interest | $0 |
| TOTAL EQUITY | $871M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $125M |
| Net Debt | -$182M |
