| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $195M | $192M | 7.1% | 8.7% |
| Op. Income | $103M | $92M | $101M | 11.4% | 1.7% |
| Gross Margin | 87.3% | 86.2% | 90.3% | 1.0pp | -3.0pp |
| Net Margin | 39.2% | 38.2% | 35.8% | 0.9pp | 3.4pp |
| EPS (Diluted) | $1.17 | $1.07 | $0.99 | 9.3% | 18.2% |
| Free Cash Flow | $77M | $74M | $61M | 3.6% | 26.3% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $26M |
| Operating Expenses | $79M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $103M |
| Interest Income | $184M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $5M |
| EBIT | $103M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $26M |
| Operating Expenses | $79M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $103M |
| Interest Income | $184M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $5M |
| EBIT | $103M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.8B |
| Sales/Maturities of Investments | $6.9B |
| Other Investing Activities | -$137M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $435M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$401M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $105M |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $255M |
| Goodwill | $1.9B |
| Intangible Assets | $36M |
| Long-Term Investments | $19.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $365M |
| TOTAL NON-CURRENT ASSETS | $22.1B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $4M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.0B |
| TOTAL CURRENT LIABILITIES | $18.5B |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $70M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $345.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
