| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $223M | $209M | 5.3% | 12.4% |
| Op. Income | $8M | -$5M | $7M | 257.9% | 11.4% |
| Gross Margin | 93.7% | 93.4% | 91.4% | 0.3pp | 2.4pp |
| Net Margin | 4.6% | -1.0% | 3.6% | 5.6pp | 0.9pp |
| EPS (Diluted) | $0.12 | $-0.03 | $0.09 | 539.6% | 33.3% |
| Free Cash Flow | $13M | $23M | $30M | -42.2% | -55.8% |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $220M |
| R&D Expenses | $53M |
| Selling & Marketing | $121M |
| General & Administrative | $29M |
| SG&A Expenses | $149M |
| Other Expenses | $3M |
| Operating Expenses | $213M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $8M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $341.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $220M |
| R&D Expenses | $53M |
| Selling & Marketing | $121M |
| General & Administrative | $29M |
| SG&A Expenses | $149M |
| Other Expenses | $3M |
| Operating Expenses | $213M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $8M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $341.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$998.0K |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$122M |
| Sales/Maturities of Investments | $147M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $447.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389M |
| Short-Term Investments | $414M |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $902M |
| PP&E (Net) | $110M |
| Goodwill | $107M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $296M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$389M |
