| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $246M | $215M | 6.9% | 22.2% |
| Op. Income | $130M | $122M | $112M | 6.8% | 16.2% |
| Gross Margin | 87.7% | 89.2% | 92.0% | -1.6pp | -4.4pp |
| Net Margin | 39.8% | 41.0% | 37.1% | -1.2pp | 2.7pp |
| EPS (Diluted) | $0.99 | $0.96 | $0.76 | 3.1% | 30.3% |
| Free Cash Flow | $158M | $88M | $85M | 79.8% | 85.7% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $231M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $62M |
| SG&A Expenses | $63M |
| Other Expenses | $38M |
| Operating Expenses | $101M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $130M |
| Interest Income | $252M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $3M |
| EBIT | $130M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $231M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $62M |
| SG&A Expenses | $63M |
| Other Expenses | $38M |
| Operating Expenses | $101M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $130M |
| Interest Income | $252M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $3M |
| EBIT | $130M |
| EBITDA | $133M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | -$616M |
| NET CASH FROM INVESTING | -$592M |
| Net Debt Issuance | -$229M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $733M |
| NET CASH FROM FINANCING | $500M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $507M |
| Short-Term Investments | $3.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $115M |
| Goodwill | $290M |
| Intangible Assets | $10M |
| Long-Term Investments | $17.0B |
| Tax Assets | $39M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $17.7B |
| TOTAL ASSETS | $21.4B |
| Account Payables | $0 |
| Short-Term Debt | $93M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.1B |
| TOTAL CURRENT LIABILITIES | $18.2B |
| Long-Term Debt | $361M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $434M |
| TOTAL NON-CURRENT LIABILITIES | $795M |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $21.4B |
| Total Debt | $454M |
| Net Debt | -$53M |
