| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $179M | $137M | 0.4% | 30.4% |
| Op. Income | $52M | $54M | $48M | -2.8% | 9.1% |
| Gross Margin | 90.7% | 93.5% | 95.6% | -2.8pp | -4.9pp |
| Net Margin | 22.6% | 23.7% | 23.1% | -1.1pp | -0.6pp |
| EPS (Diluted) | $1.09 | $1.15 | $1.08 | -5.2% | 0.9% |
| Free Cash Flow | $51M | $102M | $32M | -50.3% | 58.5% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $69M |
| SG&A Expenses | $70M |
| Other Expenses | $41M |
| Operating Expenses | $111M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $52M |
| Interest Income | $142M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $9M |
| EBIT | $52M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $69M |
| SG&A Expenses | $70M |
| Other Expenses | $41M |
| Operating Expenses | $111M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $52M |
| Interest Income | $142M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $9M |
| EBIT | $52M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$6.0K |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | -$195M |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$114.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$248M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $245M |
| Goodwill | $1.0B |
| Intangible Assets | $105M |
| Long-Term Investments | $10.8B |
| Tax Assets | $49M |
| Other Non-Current Assets | $429M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $0 |
| Short-Term Debt | $332M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $12.0B |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $132M |
| TOTAL NON-CURRENT LIABILITIES | $248M |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $92M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $481M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $448M |
| Net Debt | $125M |
