| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $237M | $227M | $167M | 4.2% | 42.0% |
| Op. Income | $34M | $41M | $25M | -16.3% | 34.0% |
| Gross Margin | 33.0% | 36.1% | 34.9% | -3.1pp | -1.9pp |
| Net Margin | 19.3% | 15.2% | 16.8% | 4.1pp | 2.5pp |
| EPS (Diluted) | $0.95 | $0.72 | $0.61 | 31.9% | 55.7% |
| Free Cash Flow | $26M | $34M | $28M | -24.1% | -8.2% |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $78M |
| R&D Expenses | $20M |
| Selling & Marketing | $17M |
| General & Administrative | $7M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $689.0K |
| Other Income/Expenses | -$689.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $78M |
| R&D Expenses | $20M |
| Selling & Marketing | $17M |
| General & Administrative | $7M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $689.0K |
| Other Income/Expenses | -$689.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $219.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$10.0K |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $324.0K |
| NET CASH FROM FINANCING | $324.0K |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $156M |
| Net Receivables | $151M |
| Inventory | $107M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $656M |
| PP&E (Net) | $73M |
| Goodwill | $3M |
| Intangible Assets | $4M |
| Long-Term Investments | $102M |
| Tax Assets | $13M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $197M |
| TOTAL ASSETS | $852M |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $313M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $362M |
| Retained Earnings | $178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$983.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $539M |
| Minority Interest | $0 |
| TOTAL EQUITY | $539M |
| TOTAL LIABILITIES & EQUITY | $852M |
| Total Debt | $0 |
| Net Debt | -$193M |
