| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $257M | $246M | 1.4% | 6.2% |
| Op. Income | $66M | $68M | $56M | -1.9% | 17.8% |
| Gross Margin | 87.3% | 88.4% | 88.5% | -1.2pp | -1.2pp |
| Net Margin | 21.2% | 22.1% | 17.4% | -0.8pp | 3.8pp |
| EPS (Diluted) | $1.11 | $1.14 | $0.86 | -2.6% | 29.1% |
| Free Cash Flow | $66M | $11M | $96M | 498.2% | -31.8% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $112M |
| SG&A Expenses | $118M |
| Other Expenses | $43M |
| Operating Expenses | $162M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $66M |
| Interest Income | $176M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $13M |
| EBIT | $66M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $112M |
| SG&A Expenses | $118M |
| Other Expenses | $43M |
| Operating Expenses | $162M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $66M |
| Interest Income | $176M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $13M |
| EBIT | $66M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $316M |
| Other Investing Activities | -$127M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$240.0K |
| Common Stock Repurchased | -$260.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$518M |
| NET CASH FROM FINANCING | -$533M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$457M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $493M |
| Short-Term Investments | $6.0B |
| Net Receivables | $120M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $274M |
| Goodwill | $181M |
| Intangible Assets | $17M |
| Long-Term Investments | $12.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $646M |
| TOTAL NON-CURRENT ASSETS | $13.9B |
| TOTAL ASSETS | $20.5B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.4B |
| TOTAL CURRENT LIABILITIES | $18.2B |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$209M |
| Accum. Other Comp. Income | -$129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $20.5B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
