| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $205M | $190M | 5.7% | 14.2% |
| Op. Income | $18M | $24M | $21M | -24.1% | -14.0% |
| Gross Margin | 60.5% | 60.5% | 59.5% | -0.0pp | 0.9pp |
| Net Margin | 6.6% | 12.9% | 8.7% | -6.3pp | -2.1pp |
| EPS (Diluted) | $0.32 | $0.60 | $0.38 | -46.7% | -15.8% |
| Free Cash Flow | $21M | $18M | $35M | 17.4% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $131M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $442.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $16M |
| EBIT | $20M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $131M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $442.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $16M |
| EBIT | $20M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$240M |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $166M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$177M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$537.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $347M |
| Net Receivables | $94M |
| Inventory | $87M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $132M |
| Goodwill | $397M |
| Intangible Assets | $193M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $817M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $348M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $425M |
| TOTAL LIABILITIES | $564M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $112M |
| Retained Earnings | $918M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $348M |
| Net Debt | $153M |
