| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $112M | $106M | 2.4% | 8.7% |
| Op. Income | $31M | $32M | $36M | -4.5% | -13.8% |
| Gross Margin | 70.0% | 69.4% | 76.5% | 0.5pp | -6.6pp |
| Net Margin | 20.3% | 17.5% | 22.2% | 2.8pp | -1.9pp |
| EPS (Diluted) | $0.08 | $0.07 | $0.08 | 13.3% | 0.0% |
| Free Cash Flow | -$46M | $94M | -$33M | -149.0% | -38.8% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $29M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $50M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $31M |
| Interest Income | $110M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $7M |
| EBIT | $31M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $29M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $50M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $31M |
| Interest Income | $110M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $7M |
| EBIT | $31M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$181.0K |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$115M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $176M |
| NET CASH FROM FINANCING | $120M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $545M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $853M |
| PP&E (Net) | $64M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $12.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $348M |
| TOTAL NON-CURRENT ASSETS | $13.1B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $786M |
| Treasury Stock | -$747M |
| Accum. Other Comp. Income | $15M |
| Other Equity | -$51M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $3.7B |
| Net Debt | $3.5B |
