| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $188M | $166M | 7.1% | 21.3% |
| Op. Income | $48M | $53M | $49M | -8.7% | -2.2% |
| Gross Margin | 88.0% | 89.6% | 90.8% | -1.7pp | -2.9pp |
| Net Margin | 21.9% | 25.5% | 23.4% | -3.7pp | -1.6pp |
| EPS (Diluted) | $0.29 | $0.31 | $0.28 | -6.5% | 3.6% |
| Free Cash Flow | $46M | $42M | $2M | 10.0% | 2814.8% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $82M |
| SG&A Expenses | $86M |
| Other Expenses | $42M |
| Operating Expenses | $129M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $48M |
| Interest Income | $154M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $82M |
| SG&A Expenses | $86M |
| Other Expenses | $42M |
| Operating Expenses | $129M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $48M |
| Interest Income | $154M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$122M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $95M |
| Common Stock Repurchased | -$634.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$127M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $3.2B |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $449M |
| Goodwill | $829M |
| Intangible Assets | $70M |
| Long-Term Investments | $11.8B |
| Tax Assets | $90M |
| Other Non-Current Assets | $704M |
| TOTAL NON-CURRENT ASSETS | $13.9B |
| TOTAL ASSETS | $17.5B |
| Account Payables | $0 |
| Short-Term Debt | $523M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $152M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $472M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
