| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $104M | $102M | 3.5% | 5.6% |
| Op. Income | $32M | $30M | $24M | 7.2% | 31.2% |
| Gross Margin | 42.4% | 41.3% | 40.5% | 1.0pp | 1.8pp |
| Net Margin | 19.1% | 17.9% | 7.7% | 1.2pp | 11.4pp |
| EPS (Diluted) | $0.29 | $0.26 | $0.14 | 11.5% | 107.1% |
| Free Cash Flow | $40M | $33M | $32M | 20.4% | 26.6% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $31M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $31M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $847.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$434.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$945.0K |
| Sales/Maturities of Investments | $16.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$497.0K |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $9M |
| Goodwill | $284M |
| Intangible Assets | $392M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $708M |
| TOTAL ASSETS | $786M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $268M |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $344M |
| Common Stock | $704.0K |
| Additional Paid-In Capital | $600M |
| Retained Earnings | -$133M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $63.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $442M |
| Minority Interest | $0 |
| TOTAL EQUITY | $442M |
| TOTAL LIABILITIES & EQUITY | $786M |
| Total Debt | $268M |
| Net Debt | $243M |
