| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $153M | $137M | -1.8% | 9.6% |
| Op. Income | $18M | $20M | $14M | -8.8% | 27.5% |
| Gross Margin | 54.5% | 55.9% | 54.5% | -1.3pp | 0.0pp |
| Net Margin | 8.9% | 8.2% | 22.4% | 0.7pp | -13.6pp |
| EPS (Diluted) | $0.20 | $0.19 | $0.46 | 5.3% | -56.5% |
| Free Cash Flow | $19M | $22M | $31M | -13.1% | -38.4% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $82M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $13M |
| EBIT | $18M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $82M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $13M |
| EBIT | $18M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $611.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $71M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $123M |
| Goodwill | $342M |
| Intangible Assets | $68M |
| Long-Term Investments | $20M |
| Tax Assets | $6M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $621M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $40M |
| Short-Term Debt | $14M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $216M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $288M |
| TOTAL LIABILITIES | $406M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $411M |
| Retained Earnings | $504M |
| Treasury Stock | -$249M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $665M |
| Minority Interest | $0 |
| TOTAL EQUITY | $665M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $230M |
| Net Debt | -$61M |
