| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $252M | $230M | 3.5% | 13.7% |
| Op. Income | $65M | $54M | $53M | 22.0% | 23.9% |
| Gross Margin | 61.7% | 60.5% | 60.5% | 1.3pp | 1.3pp |
| Net Margin | 21.8% | 16.6% | 14.7% | 5.2pp | 7.0pp |
| EPS (Diluted) | $1.32 | $0.97 | $0.79 | 36.1% | 67.1% |
| Free Cash Flow | $60M | $52M | $49M | 16.2% | 21.9% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $36M |
| General & Administrative | $35M |
| SG&A Expenses | $71M |
| Other Expenses | $25M |
| Operating Expenses | $96M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $65M |
| Interest Income | $600.0K |
| Interest Expense | $800.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $25M |
| EBIT | $74M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $36M |
| General & Administrative | $35M |
| SG&A Expenses | $71M |
| Other Expenses | $25M |
| Operating Expenses | $96M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $65M |
| Interest Income | $600.0K |
| Interest Expense | $800.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $25M |
| EBIT | $74M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $900.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323M |
| Short-Term Investments | $44M |
| Net Receivables | $180M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $145M |
| Goodwill | $559M |
| Intangible Assets | $79M |
| Long-Term Investments | $58M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $856M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $189M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $90M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $191M |
| TOTAL LIABILITIES | $512M |
| Common Stock | $0 |
| Additional Paid-In Capital | $616M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$717M |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $90M |
| Net Debt | -$233M |
