| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $115M | $94M | -7.1% | 13.8% |
| Op. Income | $36M | $48M | $31M | -25.9% | 13.5% |
| Gross Margin | 87.2% | 88.2% | 89.5% | -1.0pp | -2.3pp |
| Net Margin | 27.0% | 32.6% | 22.0% | -5.6pp | 5.0pp |
| EPS (Diluted) | $0.89 | $1.16 | $0.64 | -23.3% | 39.1% |
| Free Cash Flow | -$4M | $60M | $10M | -106.9% | -142.9% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $23M |
| Operating Expenses | $57M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $36M |
| Interest Income | $72M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $23M |
| Operating Expenses | $57M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $36M |
| Interest Income | $72M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $474.0K |
| Deferred Income Tax | -$137.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $85M |
| NET CASH FROM FINANCING | $126M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $703M |
| Short-Term Investments | $964M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $47M |
| Goodwill | $166M |
| Intangible Assets | $21M |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $4M |
| Short-Term Debt | $70M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $826M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $903M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $566.0K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $729M |
| Treasury Stock | -$280M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $769M |
| Minority Interest | $0 |
| TOTAL EQUITY | $769M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $896M |
| Net Debt | $193M |
