| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | $377M | $364M | 0.2% | 3.8% |
| Op. Income | $77M | $53M | $64M | 44.4% | 20.5% |
| Gross Margin | 67.9% | 67.3% | 66.2% | 0.7pp | 1.8pp |
| Net Margin | 16.0% | 9.8% | 13.3% | 6.2pp | 2.6pp |
| EPS (Diluted) | $0.26 | $0.16 | $0.21 | 62.5% | 23.8% |
| Free Cash Flow | $46M | $86M | $46M | -46.2% | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $257M |
| R&D Expenses | $42M |
| Selling & Marketing | $96M |
| General & Administrative | $32M |
| SG&A Expenses | $128M |
| Other Expenses | $15M |
| Operating Expenses | $180M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $77M |
| Interest Income | $5M |
| Interest Expense | $16M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $49M |
| EBIT | $88M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $257M |
| R&D Expenses | $42M |
| Selling & Marketing | $96M |
| General & Administrative | $32M |
| SG&A Expenses | $128M |
| Other Expenses | $15M |
| Operating Expenses | $180M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $77M |
| Interest Income | $5M |
| Interest Expense | $16M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $49M |
| EBIT | $88M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$273M |
| Sales/Maturities of Investments | $184M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$326.0K |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $901.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $321M |
| Net Receivables | $362M |
| Inventory | $160M |
| Other Current Assets | $426M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $494M |
| Goodwill | $2.1B |
| Intangible Assets | $505M |
| Long-Term Investments | $75M |
| Tax Assets | $41M |
| Other Non-Current Assets | $198M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $60M |
| Short-Term Debt | $701M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $584M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $253M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$152M |
| Accum. Other Comp. Income | -$305M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.8B |
| Net Debt | $1.2B |
