| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $89M | $80M | 1.0% | 12.2% |
| Op. Income | $25M | $27M | $27M | -9.4% | -6.8% |
| Gross Margin | 80.5% | 82.5% | 89.0% | -2.0pp | -8.5pp |
| Net Margin | 22.2% | 24.7% | 21.5% | -2.6pp | 0.7pp |
| EPS (Diluted) | $0.76 | $0.84 | $0.66 | -9.5% | 15.2% |
| Free Cash Flow | $20M | $30M | $31M | -33.8% | -35.9% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $20M |
| Operating Expenses | $47M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $25M |
| Interest Income | $66M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $20M |
| Operating Expenses | $47M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $25M |
| Interest Income | $66M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $889.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$31.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $972M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $191M |
| Goodwill | $84M |
| Intangible Assets | $4M |
| Long-Term Investments | $4.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $186M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $291M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $384M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $750M |
| Minority Interest | $0 |
| TOTAL EQUITY | $750M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $420M |
| Net Debt | $352M |
