| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $219M | $196M | 9.7% | 22.6% |
| Op. Income | $46M | $40M | -$862.0K | 17.2% | 5476.9% |
| Gross Margin | 19.8% | 16.9% | -0.4% | 2.9pp | 20.1pp |
| Net Margin | 16.4% | 15.2% | 0.9% | 1.2pp | 15.5pp |
| EPS (Diluted) | $0.44 | $0.37 | $0.02 | 18.9% | 2133.5% |
| Free Cash Flow | $62M | $83M | $69M | -25.1% | -10.5% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $0 |
| EBIT | $48M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $0 |
| EBIT | $48M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$224M |
| Sales/Maturities of Investments | $197M |
| Other Investing Activities | $27.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $55M |
| Goodwill | $46M |
| Intangible Assets | $9M |
| Long-Term Investments | $2.2B |
| Tax Assets | $38M |
| Other Non-Current Assets | -$1.5B |
| TOTAL NON-CURRENT ASSETS | $843M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$64M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $674.0K |
| Additional Paid-In Capital | $303M |
| Retained Earnings | $983M |
| Treasury Stock | -$401M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $872M |
| Minority Interest | $0 |
| TOTAL EQUITY | $872M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $149M |
| Net Debt | $71M |
