| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $210M | $136M | 8.2% | 66.9% |
| Op. Income | $41M | $41M | $19M | -0.2% | 112.7% |
| Gross Margin | 36.1% | 37.9% | 34.6% | -1.8pp | 1.5pp |
| Net Margin | 15.2% | 17.0% | 16.5% | -1.8pp | -1.3pp |
| EPS (Diluted) | $0.72 | $0.75 | $0.50 | -4.0% | 44.0% |
| Free Cash Flow | $34M | $53M | $26M | -35.7% | 30.7% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $82M |
| R&D Expenses | $20M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $41M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $82M |
| R&D Expenses | $20M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $41M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $236.0K |
| Change in Working Capital | -$664.0K |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$191.0K |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $135M |
| Net Receivables | $118M |
| Inventory | $102M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $86M |
| Tax Assets | $12M |
| Other Non-Current Assets | $956.0K |
| TOTAL NON-CURRENT ASSETS | $167M |
| TOTAL ASSETS | $783M |
| Account Payables | $82M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $353M |
| Retained Earnings | $133M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $485M |
| Minority Interest | $0 |
| TOTAL EQUITY | $485M |
| TOTAL LIABILITIES & EQUITY | $783M |
| Total Debt | $0 |
| Net Debt | -$215M |
