| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $179M | $138M | -2.0% | 27.5% |
| Op. Income | $57M | $52M | $53M | 9.2% | 7.9% |
| Gross Margin | 89.5% | 90.7% | 95.5% | -1.2pp | -6.0pp |
| Net Margin | 26.8% | 22.6% | 25.5% | 4.2pp | 1.4pp |
| EPS (Diluted) | $1.28 | $1.09 | $1.19 | 17.4% | 7.6% |
| Free Cash Flow | $61M | $51M | $70M | 20.8% | -12.0% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $70M |
| SG&A Expenses | $71M |
| Other Expenses | $29M |
| Operating Expenses | $100M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $57M |
| Interest Income | $144M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $9M |
| EBIT | $57M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $70M |
| SG&A Expenses | $71M |
| Other Expenses | $29M |
| Operating Expenses | $100M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $57M |
| Interest Income | $144M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $9M |
| EBIT | $57M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $381.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$2.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$77M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $260M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $242M |
| Goodwill | $1.0B |
| Intangible Assets | $102M |
| Long-Term Investments | $10.9B |
| Tax Assets | $48M |
| Other Non-Current Assets | $407M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $0 |
| Short-Term Debt | $280M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $11.9B |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $92M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $515M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $396M |
| Net Debt | $136M |
