| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $80M | $81M | 4.9% | 3.3% |
| Op. Income | $25M | $32M | $31M | -20.9% | -18.9% |
| Gross Margin | 73.1% | 83.0% | 83.7% | -9.9pp | -10.6pp |
| Net Margin | 25.6% | 32.7% | 28.0% | -7.2pp | -2.5pp |
| EPS (Diluted) | $0.61 | $0.75 | $0.65 | -18.7% | -6.2% |
| Free Cash Flow | $26M | $37M | $20M | -30.1% | 34.1% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $21M |
| Other Expenses | $15M |
| Operating Expenses | $36M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $25M |
| Interest Income | $71M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $21M |
| Other Expenses | $15M |
| Operating Expenses | $36M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $25M |
| Interest Income | $71M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $267.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$495.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $138M |
| PP&E (Net) | $41M |
| Goodwill | $287M |
| Intangible Assets | $3M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $645M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $152M |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $90M |
| Additional Paid-In Capital | $217M |
| Retained Earnings | $662M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $907M |
| Minority Interest | $0 |
| TOTAL EQUITY | $907M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $736M |
| Net Debt | $598M |
