| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $358M | $381M | 1.3% | -4.8% |
| Op. Income | $109M | $90M | $117M | 20.7% | -6.9% |
| Gross Margin | 63.2% | 60.6% | 73.1% | 2.6pp | -9.9pp |
| Net Margin | 22.5% | 18.4% | 23.6% | 4.0pp | -1.1pp |
| EPS (Diluted) | $0.81 | $0.65 | $0.82 | 24.6% | -1.2% |
| Free Cash Flow | $135M | $66M | $50M | 103.5% | 170.7% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $58M |
| Operating Expenses | $120M |
| Cost & Expenses | $254M |
| OPERATING INCOME | $109M |
| Interest Income | $327M |
| Interest Expense | $136M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | -$9.0K |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $17M |
| EBIT | $109M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $58M |
| Operating Expenses | $120M |
| Cost & Expenses | $254M |
| OPERATING INCOME | $109M |
| Interest Income | $327M |
| Interest Expense | $136M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | -$9.0K |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $17M |
| EBIT | $109M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $149M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$495M |
| NET CASH FROM INVESTING | -$289M |
| Net Debt Issuance | $305M |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $160M |
| NET CASH FROM FINANCING | $341M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | $201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $443M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $443M |
| PP&E (Net) | $708M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $31.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $731M |
| TOTAL NON-CURRENT ASSETS | $32.6B |
| TOTAL ASSETS | $33.1B |
| Account Payables | $0 |
| Short-Term Debt | $99M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.9B |
| TOTAL CURRENT LIABILITIES | $24.0B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $468M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $30.2B |
| Common Stock | $953.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $5.8B |
| Net Debt | $5.4B |
