| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $105M | $101M | -0.5% | 3.4% |
| Op. Income | $30M | $27M | $19M | 8.9% | 52.7% |
| Gross Margin | 41.3% | 41.0% | 39.0% | 0.3pp | 2.3pp |
| Net Margin | 17.9% | 10.0% | 2.3% | 7.9pp | 15.6pp |
| EPS (Diluted) | $0.26 | $0.16 | $0.03 | 62.5% | 685.5% |
| Free Cash Flow | $33M | $25M | $16M | 31.6% | 103.5% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $30M |
| Interest Income | $8.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $30M |
| Interest Income | $8.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $717.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$605.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $180.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | -$720.0K |
| Common Dividends Paid | -$144.0K |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $9M |
| Goodwill | $284M |
| Intangible Assets | $397M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $711M |
| TOTAL ASSETS | $781M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $288M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $333M |
| TOTAL LIABILITIES | $361M |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $595M |
| Retained Earnings | -$154M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | $47.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $0 |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $781M |
| Total Debt | $288M |
| Net Debt | $273M |
