| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $400M | $395M | $382M | 1.3% | 4.9% |
| Op. Income | $104M | $109M | $104M | -5.0% | -0.3% |
| Gross Margin | 74.9% | 75.6% | 82.0% | -0.7pp | -7.1pp |
| Net Margin | 21.2% | 21.9% | 23.4% | -0.8pp | -2.2pp |
| EPS (Diluted) | $0.49 | $0.50 | $0.50 | -2.0% | -2.0% |
| Free Cash Flow | $67M | -$27M | $59M | 347.8% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $400M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $128M |
| SG&A Expenses | $134M |
| Other Expenses | $62M |
| Operating Expenses | $196M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $104M |
| Interest Income | $306M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $27M |
| EBIT | $104M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $400M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $128M |
| SG&A Expenses | $134M |
| Other Expenses | $62M |
| Operating Expenses | $196M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $104M |
| Interest Income | $306M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $27M |
| EBIT | $104M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $551M |
| Purchases of Investments | -$381M |
| Sales/Maturities of Investments | $987M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | -$249M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$984M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556M |
| Short-Term Investments | $3.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $432M |
| Goodwill | $1.2B |
| Intangible Assets | $160M |
| Long-Term Investments | $26.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $29.4B |
| TOTAL ASSETS | $33.3B |
| Account Payables | $0 |
| Short-Term Debt | $738M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.3B |
| TOTAL CURRENT LIABILITIES | $26.5B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $29.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$284M |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $33.3B |
| Total Debt | $3.7B |
| Net Debt | $3.1B |
