| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | $308M | $291M | 2.2% | 8.1% |
| Op. Income | $22M | $22M | $11M | -3.0% | 92.8% |
| Gross Margin | 74.1% | 72.8% | 71.8% | 1.3pp | 2.3pp |
| Net Margin | 5.4% | 2.6% | -0.3% | 2.8pp | 5.7pp |
| EPS (Diluted) | $0.14 | $0.07 | $-0.01 | 108.3% | 1807.3% |
| Free Cash Flow | $42M | $106M | $69M | -60.8% | -39.9% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $233M |
| R&D Expenses | $61M |
| Selling & Marketing | $108M |
| General & Administrative | $33M |
| SG&A Expenses | $141M |
| Other Expenses | -$2M |
| Operating Expenses | $210M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $22M |
| Interest Income | $900.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $23M |
| EBIT | $21M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $233M |
| R&D Expenses | $61M |
| Selling & Marketing | $108M |
| General & Administrative | $33M |
| SG&A Expenses | $141M |
| Other Expenses | -$2M |
| Operating Expenses | $210M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $22M |
| Interest Income | $900.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $23M |
| EBIT | $21M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$22.0K |
| Other Non-Cash Items | $115.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $131.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $22M |
| Net Receivables | $130M |
| Inventory | $0 |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $64M |
| Goodwill | $1.2B |
| Intangible Assets | $215M |
| Long-Term Investments | $32M |
| Tax Assets | $139M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $38M |
| Short-Term Debt | $0 |
| Deferred Revenue | $475M |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $665M |
| Long-Term Debt | $693M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $756M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$613M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $834M |
| Minority Interest | $0 |
| TOTAL EQUITY | $834M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $693M |
| Net Debt | $427M |
