| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $188M | $176M | 2.5% | 9.7% |
| Op. Income | $73M | $72M | $68M | 0.5% | 7.9% |
| Gross Margin | 85.2% | 87.3% | 89.4% | -2.1pp | -4.2pp |
| Net Margin | 29.5% | 31.3% | 31.1% | -1.7pp | -1.6pp |
| EPS (Diluted) | $1.40 | $1.43 | $1.30 | -2.1% | 7.7% |
| Free Cash Flow | $68M | $6M | $45M | 1133.6% | 53.2% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $35M |
| Operating Expenses | $91M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $73M |
| Interest Income | $149M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $7M |
| EBIT | $73M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $35M |
| Operating Expenses | $91M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $73M |
| Interest Income | $149M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $7M |
| EBIT | $73M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$348.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$212M |
| NET CASH FROM INVESTING | -$296M |
| Net Debt Issuance | -$19.0K |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $222M |
| NET CASH FROM FINANCING | $162M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $286M |
| Short-Term Investments | $2.6B |
| Net Receivables | $231M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $273M |
| Goodwill | $32M |
| Intangible Assets | $24M |
| Long-Term Investments | $13.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $524M |
| TOTAL NON-CURRENT ASSETS | $14.5B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $9M |
| Short-Term Debt | $504M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.5B |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $179M |
| TOTAL NON-CURRENT LIABILITIES | $400M |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $579.0K |
| Additional Paid-In Capital | $577M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$970M |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $725M |
| Net Debt | $439M |
