| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $103M | $108M | 6.2% | 1.8% |
| Op. Income | $16M | $14M | $14M | 11.9% | 10.0% |
| Gross Margin | 51.4% | 51.9% | 49.7% | -0.6pp | 1.7pp |
| Net Margin | 14.0% | 13.8% | 12.9% | 0.3pp | 1.1pp |
| EPS (Diluted) | $0.26 | $0.23 | $0.23 | 13.0% | 13.0% |
| Free Cash Flow | $23M | $9M | $8M | 159.5% | 197.8% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $56M |
| R&D Expenses | $18M |
| Selling & Marketing | $13M |
| General & Administrative | $9M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $885.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $56M |
| R&D Expenses | $18M |
| Selling & Marketing | $13M |
| General & Administrative | $9M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $885.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$760.0K |
| Other Non-Cash Items | $148.0K |
| Change in Working Capital | -$267.0K |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $978.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $98M |
| Net Receivables | $8M |
| Inventory | $69M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $111M |
| Goodwill | $92M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $255M |
| TOTAL ASSETS | $588M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55.0K |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $66M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $372M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $522M |
| Minority Interest | $0 |
| TOTAL EQUITY | $522M |
| TOTAL LIABILITIES & EQUITY | $588M |
| Total Debt | $0 |
| Net Debt | -$148M |
