| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326M | $318M | $238M | 2.5% | 37.2% |
| Op. Income | $88M | $92M | $57M | -4.5% | 54.4% |
| Gross Margin | 73.4% | 76.0% | 79.6% | -2.6pp | -6.2pp |
| Net Margin | 21.3% | 22.9% | 16.7% | -1.5pp | 4.7pp |
| EPS (Diluted) | $0.20 | $0.21 | $0.14 | -4.8% | 42.9% |
| Free Cash Flow | $411M | -$2M | $181M | 27223.5% | 127.6% |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $63M |
| Operating Expenses | $152M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $88M |
| Interest Income | $297M |
| Interest Expense | $80M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $11M |
| EBIT | $88M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $63M |
| Operating Expenses | $152M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $88M |
| Interest Income | $297M |
| Interest Expense | $80M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $11M |
| EBIT | $88M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $307M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $411M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $144M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$285M |
| Common Stock Repurchased | -$182.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $948M |
| NET CASH FROM FINANCING | $623M |
| FREE CASH FLOW | $411M |
| Net Change in Cash | -$116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $356M |
| Short-Term Investments | $32M |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $341M |
| Goodwill | $1.1B |
| Intangible Assets | $81M |
| Long-Term Investments | $27.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $30.4B |
| TOTAL ASSETS | $30.9B |
| Account Payables | $0 |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.6B |
| TOTAL CURRENT LIABILITIES | $25.8B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $27.6B |
| Common Stock | $116M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $262M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $30.9B |
| Total Debt | $4.8B |
| Net Debt | $4.4B |
