| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $119M | $131M | 5.7% | -3.9% |
| Op. Income | $15M | $19M | $14M | -17.0% | 7.5% |
| Gross Margin | 63.8% | 68.4% | 65.4% | -4.5pp | -1.6pp |
| Net Margin | 1.3% | 8.2% | 7.4% | -6.9pp | -6.0pp |
| EPS (Diluted) | $0.19 | $1.10 | $1.10 | -82.7% | -82.7% |
| Free Cash Flow | $49M | $41M | $52M | 19.7% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $47M |
| SG&A Expenses | $55M |
| Other Expenses | $10M |
| Operating Expenses | $65M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $15M |
| Interest Income | $112M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $193.4K |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $47M |
| SG&A Expenses | $55M |
| Other Expenses | $10M |
| Operating Expenses | $65M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $15M |
| Interest Income | $112M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $193.4K |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$344.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $791M |
| Inventory | $0 |
| Other Current Assets | -$791M |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $25M |
| Goodwill | $7M |
| Intangible Assets | $7M |
| Long-Term Investments | $791M |
| Tax Assets | $36M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $881M |
| TOTAL ASSETS | $906M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $377M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $382M |
| TOTAL LIABILITIES | $417M |
| Common Stock | $0 |
| Additional Paid-In Capital | $158M |
| Retained Earnings | $362M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $489M |
| Minority Interest | $0 |
| TOTAL EQUITY | $489M |
| TOTAL LIABILITIES & EQUITY | $906M |
| Total Debt | $377M |
| Net Debt | $352M |
