| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $84M | $80M | 2.2% | 6.7% |
| Op. Income | $34M | $25M | $32M | 32.7% | 6.8% |
| Gross Margin | 82.7% | 73.1% | 84.9% | 9.6pp | -2.2pp |
| Net Margin | 36.0% | 25.6% | 28.3% | 10.5pp | 7.7pp |
| EPS (Diluted) | $0.88 | $0.61 | $0.65 | 44.3% | 35.4% |
| Free Cash Flow | $19M | $26M | $31M | -27.9% | -38.4% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $16M |
| Operating Expenses | $37M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $34M |
| Interest Income | $73M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $1M |
| EBIT | $34M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $16M |
| Operating Expenses | $37M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $34M |
| Interest Income | $73M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $1M |
| EBIT | $34M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $452.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $41M |
| Goodwill | $287M |
| Intangible Assets | $3M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $207M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $580M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $91M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $90M |
| Additional Paid-In Capital | $210M |
| Retained Earnings | $684M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $920M |
| Minority Interest | $0 |
| TOTAL EQUITY | $920M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $671M |
| Net Debt | $539M |
