| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $100M | $60M | -28.7% | 19.9% |
| Op. Income | $20M | $35M | $15M | -43.2% | 29.8% |
| Gross Margin | 82.9% | 76.7% | 83.7% | 6.3pp | -0.7pp |
| Net Margin | 21.9% | 27.4% | 16.9% | -5.5pp | 5.0pp |
| EPS (Diluted) | $0.73 | $1.32 | $0.47 | -44.7% | 55.3% |
| Free Cash Flow | $9M | $48M | $6M | -82.2% | 48.4% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $11M |
| Operating Expenses | $40M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $20M |
| Interest Income | $58M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $11M |
| Operating Expenses | $40M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $20M |
| Interest Income | $58M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $385.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$152M |
| NET CASH FROM INVESTING | -$157M |
| Net Debt Issuance | $420M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$245M |
| NET CASH FROM FINANCING | $170M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $387M |
| Short-Term Investments | $416M |
| Net Receivables | $337M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $44M |
| Goodwill | $16M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $0 |
| Short-Term Debt | $175M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $901M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $953M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $521M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $664M |
| Minority Interest | $0 |
| TOTAL EQUITY | $664M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.1B |
| Net Debt | $690M |
