| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $405M | $406M | $372M | -0.2% | 8.7% |
| Op. Income | $110M | $116M | $97M | -5.2% | 13.4% |
| Gross Margin | 55.4% | 56.1% | 55.7% | -0.7pp | -0.3pp |
| Net Margin | 30.1% | 34.5% | 24.6% | -4.4pp | 5.4pp |
| EPS (Diluted) | $0.75 | $0.86 | $0.57 | -12.8% | 31.6% |
| Free Cash Flow | $140M | $86M | $88M | 63.3% | 58.3% |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $58M |
| Operating Expenses | $114M |
| Cost & Expenses | $295M |
| OPERATING INCOME | $110M |
| Interest Income | $3M |
| Interest Expense | $132.0K |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $19M |
| EBIT | $110M |
| EBITDA | $129M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $58M |
| Operating Expenses | $114M |
| Cost & Expenses | $295M |
| OPERATING INCOME | $110M |
| Interest Income | $3M |
| Interest Expense | $132.0K |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $19M |
| EBIT | $110M |
| EBITDA | $129M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$156M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $693M |
| Short-Term Investments | $29M |
| Net Receivables | $368M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $144M |
| Goodwill | $65M |
| Intangible Assets | $347M |
| Long-Term Investments | $147M |
| Tax Assets | $2M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $761M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $523M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $0 |
| Net Debt | -$693M |
