| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $161M | $152M | 3.9% | 10.7% |
| Op. Income | $64M | $65M | $65M | -0.4% | -1.3% |
| Gross Margin | 78.4% | 80.9% | 80.8% | -2.5pp | -2.4pp |
| Net Margin | 30.6% | 30.5% | 29.1% | 0.1pp | 1.5pp |
| EPS (Diluted) | $0.61 | $0.57 | $0.49 | 7.0% | 24.5% |
| Free Cash Flow | $10M | $56M | $34M | -81.5% | -69.5% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $33M |
| Operating Expenses | $67M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $64M |
| Interest Income | $155M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $12M |
| EBIT | $64M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $33M |
| Operating Expenses | $67M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $64M |
| Interest Income | $155M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $12M |
| EBIT | $64M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $689.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | -$105M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $140M |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346M |
| Short-Term Investments | $1.3B |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $270M |
| Goodwill | $301M |
| Intangible Assets | $10M |
| Long-Term Investments | $13.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $539M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.3B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $135M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$975M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $2.4B |
| Net Debt | $2.0B |
