| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $300M | $236M | 6.2% | 34.9% |
| Op. Income | $92M | $55M | $71M | 66.4% | 29.6% |
| Gross Margin | 76.0% | 76.4% | 80.6% | -0.4pp | -4.6pp |
| Net Margin | 22.9% | 14.0% | 21.2% | 8.9pp | 1.7pp |
| EPS (Diluted) | $0.21 | $0.12 | $0.18 | 75.0% | 16.7% |
| Free Cash Flow | -$2M | $86M | $184M | -101.8% | -100.8% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $63M |
| Operating Expenses | $150M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $92M |
| Interest Income | $280M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $11M |
| EBIT | $92M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $63M |
| Operating Expenses | $150M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $92M |
| Interest Income | $280M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $11M |
| EBIT | $92M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$80M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$687M |
| NET CASH FROM INVESTING | -$673M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$515.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$319M |
| NET CASH FROM FINANCING | $650M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $472M |
| Short-Term Investments | $32M |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $593M |
| PP&E (Net) | $348M |
| Goodwill | $1.1B |
| Intangible Assets | $84M |
| Long-Term Investments | $27.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $29.6B |
| TOTAL ASSETS | $30.2B |
| Account Payables | $0 |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.6B |
| TOTAL CURRENT LIABILITIES | $24.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $26.9B |
| Common Stock | $116M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $233M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $30.2B |
| Total Debt | $5.0B |
| Net Debt | $4.6B |
