| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $613M | $518M | $434M | 18.4% | 41.3% |
| Op. Income | $174M | $102M | $135M | 70.2% | 29.0% |
| Gross Margin | 34.7% | 29.1% | 37.8% | 5.6pp | -3.1pp |
| Net Margin | 35.5% | 15.7% | 24.1% | 19.8pp | 11.4pp |
| EPS (Diluted) | $0.30 | $0.11 | $0.15 | 165.4% | 107.0% |
| Free Cash Flow | $216M | $31M | $132M | 589.1% | 63.4% |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | -$112.9K |
| Operating Expenses | $39M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $174M |
| Interest Income | $10M |
| Interest Expense | $438 |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $0 |
| EBIT | $269M |
| EBITDA | $269M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | -$112.9K |
| Operating Expenses | $39M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $174M |
| Interest Income | $10M |
| Interest Expense | $438 |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $0 |
| EBIT | $269M |
| EBITDA | $269M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$825M |
| NET CASH FROM INVESTING | -$825M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $967M |
| NET CASH FROM FINANCING | $967M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $391M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $886M |
| Short-Term Investments | $1.4B |
| Net Receivables | $55M |
| Inventory | $6M |
| Other Current Assets | $179M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.1B |
| Goodwill | $619M |
| Intangible Assets | $280M |
| Long-Term Investments | $225M |
| Tax Assets | $40M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $50M |
| Other Current Liabilities | $329M |
| TOTAL CURRENT LIABILITIES | $574M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $609M |
| Common Stock | $76.4K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$199M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$193M |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $0 |
| Net Debt | -$886M |
