| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $113M | $106M | 3.7% | 11.0% |
| Op. Income | $44M | $41M | $40M | 6.9% | 10.0% |
| Gross Margin | 85.7% | 86.1% | 89.1% | -0.4pp | -3.4pp |
| Net Margin | 29.2% | 28.2% | 29.0% | 1.0pp | 0.2pp |
| EPS (Diluted) | $1.03 | $0.96 | $0.91 | 7.3% | 13.2% |
| Free Cash Flow | $29M | $30M | $23M | -1.8% | 29.0% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $18M |
| Operating Expenses | $57M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $44M |
| Interest Income | $83M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $44M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $18M |
| Operating Expenses | $57M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $44M |
| Interest Income | $83M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $44M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $367.0K |
| Deferred Income Tax | -$434.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$485.0K |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $359M |
| Other Investing Activities | -$53M |
| NET CASH FROM INVESTING | $298M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $227M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $423M |
| Net Receivables | $180M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $181M |
| Goodwill | $80M |
| Intangible Assets | $15M |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $44M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $33M |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $769M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $956M |
| Minority Interest | $0 |
| TOTAL EQUITY | $956M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $28M |
| Net Debt | -$1.7B |
