| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $155M | $120M | 5.5% | 35.8% |
| Op. Income | $51M | $51M | $12M | -0.7% | 331.6% |
| Gross Margin | 80.4% | 81.3% | 80.8% | -0.9pp | -0.4pp |
| Net Margin | 23.8% | 25.8% | 7.8% | -2.0pp | 16.0pp |
| EPS (Diluted) | $0.82 | $0.84 | $0.24 | -2.4% | 241.7% |
| Free Cash Flow | -$34M | $58M | -$106M | -158.3% | 68.0% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $40M |
| Operating Expenses | $80M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $51M |
| Interest Income | $129M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $7M |
| EBIT | $51M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $40M |
| Operating Expenses | $80M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $51M |
| Interest Income | $129M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $7M |
| EBIT | $51M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $362.0K |
| Deferred Income Tax | $999.0K |
| Other Non-Cash Items | -$77M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$629M |
| NET CASH FROM INVESTING | -$666M |
| Net Debt Issuance | $413M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$219M |
| NET CASH FROM FINANCING | $178M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$519M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $141M |
| Goodwill | $501M |
| Intangible Assets | $52M |
| Long-Term Investments | $9.3B |
| Tax Assets | $31M |
| Other Non-Current Assets | $427M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $0 |
| Short-Term Debt | $73M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $585M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $697M |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $49M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $446M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $658M |
| Net Debt | $506M |
