| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $221M | $209M | 6.7% | 12.9% |
| Op. Income | $37M | $39M | $37M | -4.4% | -0.4% |
| Gross Margin | 44.6% | 45.0% | 44.1% | -0.4pp | 0.5pp |
| Net Margin | 16.6% | 17.1% | 15.1% | -0.5pp | 1.5pp |
| EPS (Diluted) | $0.97 | $0.95 | $0.81 | 2.1% | 19.8% |
| Free Cash Flow | $17M | $36M | -$9M | -53.7% | 285.7% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $105M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $37M |
| Interest Income | $558.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $558.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $16M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $105M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $37M |
| Interest Income | $558.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $558.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $16M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$157M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$929.0K |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $59M |
| Net Receivables | $312M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $154M |
| Goodwill | $740M |
| Intangible Assets | $293M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $316M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $785.0K |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $419M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $687M |
| Retained Earnings | $701M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$93M |
