| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 3.5% | -0.0% |
| Op. Income | $189M | $108M | $101M | 75.2% | 86.8% |
| Gross Margin | 29.5% | 26.3% | 27.7% | 3.2pp | 1.8pp |
| Net Margin | 13.6% | 8.7% | 8.0% | 5.0pp | 5.7pp |
| EPS (Diluted) | $1.97 | $1.16 | $1.11 | 69.8% | 77.5% |
| Free Cash Flow | $41M | -$58M | $45M | 171.3% | -9.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $915M |
| GROSS PROFIT | $383M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $29M |
| Operating Expenses | $194M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $189M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $18M |
| EBIT | $204M |
| EBITDA | $222M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $915M |
| GROSS PROFIT | $383M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $29M |
| Operating Expenses | $194M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $189M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $18M |
| EBIT | $204M |
| EBITDA | $222M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $177M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$121M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$101M |
| NET CASH FROM INVESTING | -$563M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$411.0K |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $46M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$512M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $712M |
| Short-Term Investments | $12.6B |
| Net Receivables | $7.8B |
| Inventory | $0 |
| Other Current Assets | -$22.3B |
| TOTAL CURRENT ASSETS | $18.7B |
| PP&E (Net) | $133M |
| Goodwill | $102M |
| Intangible Assets | $236M |
| Long-Term Investments | $13.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.4B |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $25.9B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.7B |
| TOTAL CURRENT LIABILITIES | $18.9B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.8B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $156M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $25.9B |
| Total Debt | $1.5B |
| Net Debt | $809M |
