| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $139M | $125M | 6.3% | 18.6% |
| Op. Income | $54M | $49M | $57M | 9.0% | -4.9% |
| Gross Margin | 70.7% | 73.4% | 77.9% | -2.7pp | -7.3pp |
| Net Margin | 26.2% | 26.4% | 25.3% | -0.2pp | 0.9pp |
| EPS (Diluted) | $0.62 | $0.58 | $0.49 | 6.9% | 26.5% |
| Free Cash Flow | $64M | $40M | $11M | 59.3% | 475.9% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $35M |
| SG&A Expenses | $38M |
| Other Expenses | $13M |
| Operating Expenses | $51M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $54M |
| Interest Income | $131M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $15M |
| 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 | $4M |
| EBIT | $54M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $35M |
| SG&A Expenses | $38M |
| Other Expenses | $13M |
| Operating Expenses | $51M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $54M |
| Interest Income | $131M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $15M |
| 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 | $4M |
| EBIT | $54M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $154.0K |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $993.0K |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$304M |
| NET CASH FROM INVESTING | -$326M |
| Net Debt Issuance | -$2.2B |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.3B |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $256M |
| Short-Term Investments | $217M |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $504M |
| PP&E (Net) | $29M |
| Goodwill | $36M |
| Intangible Assets | $55M |
| Long-Term Investments | $9.0B |
| Tax Assets | $18M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $397M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $662.0K |
| Additional Paid-In Capital | $378M |
| Retained Earnings | $747M |
| Treasury Stock | -$136M |
| Accum. Other Comp. Income | -$227.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $994M |
| Minority Interest | $0 |
| TOTAL EQUITY | $994M |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $397M |
| Net Debt | $141M |
