| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $129M | $101M | 3.5% | 31.6% |
| Op. Income | $36M | $43M | $22M | -15.8% | 64.7% |
| Gross Margin | 83.4% | 83.7% | 82.4% | -0.3pp | 1.0pp |
| Net Margin | 21.6% | 27.7% | 13.9% | -6.2pp | 7.7pp |
| EPS (Diluted) | $0.49 | $0.61 | $0.24 | -19.7% | 104.2% |
| Free Cash Flow | $33M | $30M | $16M | 12.1% | 105.5% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $111M |
| R&D Expenses | $12M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $4M |
| Operating Expenses | $75M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $384.0K |
| Other Income/Expenses | $199.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $8M |
| EBIT | $37M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $111M |
| R&D Expenses | $12M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $4M |
| Operating Expenses | $75M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $384.0K |
| Other Income/Expenses | $199.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $8M |
| EBIT | $37M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $302.0K |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$444.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $529.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $574.0K |
| Other Current Assets | $935M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $168M |
| Goodwill | $52M |
| Intangible Assets | $798.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $431M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $903M |
| TOTAL CURRENT LIABILITIES | $958M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $606.0K |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $364M |
| Treasury Stock | -$203M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $0 |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $35M |
| Net Debt | -$50M |
