| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $299M | $284M | $260M | 5.4% | 15.2% |
| Op. Income | $153M | $147M | $144M | 4.2% | 6.5% |
| Gross Margin | 80.4% | 84.1% | 87.6% | -3.6pp | -7.2pp |
| Net Margin | 38.3% | 39.8% | 34.8% | -1.5pp | 3.5pp |
| EPS (Diluted) | $0.89 | $0.88 | $0.73 | 1.1% | 21.9% |
| Free Cash Flow | $87M | $105M | $43M | -16.7% | 102.7% |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $40M |
| Operating Expenses | $87M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $153M |
| Interest Income | $274M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $9M |
| EBIT | $153M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $40M |
| Operating Expenses | $87M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $153M |
| Interest Income | $274M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $9M |
| EBIT | $153M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $123M |
| Other Investing Activities | -$179M |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | -$176.0K |
| Common Stock Repurchased | -$40.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $94M |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $585M |
| Short-Term Investments | $2.6B |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $541M |
| Goodwill | $661M |
| Intangible Assets | $42M |
| Long-Term Investments | $16.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $22.2B |
| Account Payables | $183M |
| Short-Term Debt | $180M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.9B |
| TOTAL CURRENT LIABILITIES | $18.3B |
| Long-Term Debt | $344M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $3M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $22.2B |
| Total Debt | $524M |
| Net Debt | -$62M |
