| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | $258M | $217M | 4.9% | 24.8% |
| Op. Income | $84M | $76M | $69M | 9.6% | 20.5% |
| Gross Margin | 54.6% | 55.8% | 57.5% | -1.3pp | -2.9pp |
| Net Margin | 116.3% | 11.9% | 14.6% | 104.4pp | 101.7pp |
| EPS (Diluted) | $5.88 | $0.57 | $0.59 | 931.6% | 896.6% |
| Free Cash Flow | $42M | $52M | $40M | -19.0% | 6.9% |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $36M |
| General & Administrative | $21M |
| SG&A Expenses | $57M |
| Other Expenses | $7M |
| Operating Expenses | $64M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $84M |
| Interest Income | $119.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | -$257M |
| Net Income from Continuing Ops | $315M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $8M |
| EBIT | $84M |
| EBITDA | $92M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $36M |
| General & Administrative | $21M |
| SG&A Expenses | $57M |
| Other Expenses | $7M |
| Operating Expenses | $64M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $84M |
| Interest Income | $119.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | -$257M |
| Net Income from Continuing Ops | $315M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $8M |
| EBIT | $84M |
| EBITDA | $92M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $315M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$273M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $150M |
| Inventory | $115M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $332M |
| PP&E (Net) | $51M |
| Goodwill | $620M |
| Intangible Assets | $2.9B |
| Long-Term Investments | -$454M |
| Tax Assets | $454M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $454M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $534.0K |
| Additional Paid-In Capital | $467M |
| Retained Earnings | $776M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
