| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $573M | $617M | $472M | -7.2% | 21.4% |
| Op. Income | $134M | $164M | $110M | -18.3% | 21.5% |
| Gross Margin | 46.0% | 46.1% | 46.6% | -0.1pp | -0.7pp |
| Net Margin | 16.2% | 18.4% | 15.7% | -2.3pp | 0.5pp |
| EPS (Diluted) | $0.33 | $0.40 | $0.26 | -17.5% | 26.9% |
| Free Cash Flow | $288M | -$18M | $188M | 1717.3% | 53.1% |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $310M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $130M |
| Operating Expenses | $130M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $32M |
| EBIT | $141M |
| EBITDA | $173M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $310M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $130M |
| Operating Expenses | $130M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $32M |
| EBIT | $141M |
| EBITDA | $173M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $159M |
| OPERATING CASH FLOW | $300M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $288M |
| Net Change in Cash | $190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $433M |
| Short-Term Investments | $11M |
| Net Receivables | $991M |
| Inventory | $0 |
| Other Current Assets | $514M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $307M |
| Goodwill | $3.6B |
| Intangible Assets | $900M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $55M |
| Deferred Revenue | $437M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $311M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $30M |
| Additional Paid-In Capital | $653M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$498M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.7B |
| Net Debt | $1.2B |
