| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $154M | $144M | 6.4% | 13.8% |
| Op. Income | $43M | $24M | $32M | 78.4% | 33.4% |
| Gross Margin | 67.2% | 66.1% | 65.4% | 1.2pp | 1.9pp |
| Net Margin | 12.0% | 31.7% | 14.8% | -19.7pp | -2.8pp |
| EPS (Diluted) | $0.13 | $0.32 | $0.14 | -59.4% | -7.1% |
| Free Cash Flow | $18M | $33M | $21M | -44.8% | -13.3% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $110M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $43M |
| Interest Income | $162.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$18M |
| 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 | $16M |
| EBIT | $46M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $110M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $43M |
| Interest Income | $162.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$18M |
| 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 | $16M |
| EBIT | $46M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$952.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $90M |
| Net Receivables | $110M |
| Inventory | $89M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $143M |
| Goodwill | $611M |
| Intangible Assets | $444M |
| Long-Term Investments | $24M |
| Tax Assets | $87M |
| Other Non-Current Assets | -$84M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $393M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $489M |
| TOTAL LIABILITIES | $560M |
| Common Stock | $375.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $847M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $393M |
| Net Debt | $306M |
