| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $200M | $212M | -0.7% | -6.1% |
| Op. Income | $36M | $8M | $58M | 348.6% | -37.8% |
| Gross Margin | 69.9% | 51.8% | 77.4% | 18.1pp | -7.5pp |
| Net Margin | 15.4% | 3.5% | 23.1% | 11.9pp | -7.6pp |
| EPS (Diluted) | $0.39 | $0.09 | $0.59 | 333.3% | -33.9% |
| Free Cash Flow | $65M | $46M | $13M | 40.0% | 411.2% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $59M |
| SG&A Expenses | $61M |
| Other Expenses | $42M |
| Operating Expenses | $103M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $36M |
| Interest Income | $163M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $10M |
| EBIT | $36M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $59M |
| SG&A Expenses | $61M |
| Other Expenses | $42M |
| Operating Expenses | $103M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $36M |
| Interest Income | $163M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $10M |
| EBIT | $36M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$195M |
| Sales/Maturities of Investments | $202M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $2.2B |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $839M |
| Short-Term Investments | $2.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $164M |
| Goodwill | $936M |
| Intangible Assets | $65M |
| Long-Term Investments | $14.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $988M |
| TOTAL NON-CURRENT ASSETS | $16.9B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $0 |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.6B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $404M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $17.1B |
| Common Stock | $104M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $541M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $1.1B |
| Net Debt | $286M |
