| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $150M | $145M | 2.9% | 6.8% |
| Op. Income | $41M | $46M | $43M | -11.7% | -6.1% |
| Gross Margin | 83.2% | 88.2% | 90.2% | -4.9pp | -7.0pp |
| Net Margin | 23.4% | 26.5% | 23.9% | -3.0pp | -0.4pp |
| EPS (Diluted) | $0.54 | $0.59 | $0.51 | -8.5% | 5.9% |
| Free Cash Flow | $56M | $10M | $70M | 477.7% | -19.1% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $25M |
| Operating Expenses | $88M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $41M |
| Interest Income | $125M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $10M |
| EBIT | $41M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $25M |
| Operating Expenses | $88M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $41M |
| Interest Income | $125M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $10M |
| EBIT | $41M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | $103M |
| Net Debt Issuance | $193.0K |
| Common Stock Repurchased | -$5.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$107M |
| NET CASH FROM FINANCING | -$122M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $432M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $179M |
| Goodwill | $380M |
| Intangible Assets | $114M |
| Long-Term Investments | $9.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $555M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $677M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.0B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $206M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $14M |
| Additional Paid-In Capital | $363M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $740M |
| Net Debt | $307M |
