| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $236M | $214M | 0.0% | 10.2% |
| Op. Income | $38M | $37M | $44M | 1.2% | -15.1% |
| Gross Margin | 45.4% | 44.6% | 47.0% | 0.8pp | -1.6pp |
| Net Margin | 16.5% | 16.6% | 17.9% | -0.1pp | -1.4pp |
| EPS (Diluted) | $0.96 | $0.97 | $0.99 | -1.0% | -3.0% |
| Free Cash Flow | $104M | $17M | $85M | 526.4% | 21.6% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $107M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | -$298.0K |
| 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 | $39M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $107M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | -$298.0K |
| 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 | $39M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $162.0K |
| Other Non-Cash Items | $63M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $52M |
| Net Receivables | $295M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $156M |
| Goodwill | $750M |
| Intangible Assets | $283M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $326M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $397M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $493.0K |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $442M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $725M |
| Retained Earnings | $740M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $0 |
| Net Debt | -$219M |
