| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $342M | $323M | 4.1% | 10.4% |
| Op. Income | $47M | $46M | $33M | 0.6% | 40.9% |
| Gross Margin | 65.3% | 65.3% | 64.3% | 0.0pp | 1.1pp |
| Net Margin | 11.0% | 10.0% | 8.1% | 1.0pp | 2.9pp |
| EPS (Diluted) | $0.62 | $0.54 | $0.42 | 14.8% | 47.6% |
| Free Cash Flow | $72M | $48M | $90M | 49.6% | -20.6% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $233M |
| R&D Expenses | $48M |
| Selling & Marketing | $90M |
| General & Administrative | $38M |
| SG&A Expenses | $128M |
| Other Expenses | $10M |
| Operating Expenses | $186M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $5M |
| 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 | $39M |
| EBIT | $47M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $233M |
| R&D Expenses | $48M |
| Selling & Marketing | $90M |
| General & Administrative | $38M |
| SG&A Expenses | $128M |
| Other Expenses | $10M |
| Operating Expenses | $186M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $5M |
| 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 | $39M |
| EBIT | $47M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $993.0K |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$105M |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$177M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $276M |
| Short-Term Investments | $173M |
| Net Receivables | $220M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $766M |
| PP&E (Net) | $132M |
| Goodwill | $1.4B |
| Intangible Assets | $537M |
| Long-Term Investments | $207M |
| Tax Assets | $15M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $198M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $570M |
| Long-Term Debt | $454M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $574M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $454M |
| Net Debt | $178M |
