| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $368M | $351M | $314M | 4.9% | 17.2% |
| Op. Income | $213M | $204M | $197M | 4.6% | 8.2% |
| Gross Margin | 71.4% | 71.4% | 72.7% | -0.1pp | -1.3pp |
| Net Margin | 44.7% | 46.8% | 48.1% | -2.2pp | -3.4pp |
| EPS (Diluted) | $8.68 | $8.65 | $7.75 | 0.3% | 12.0% |
| Free Cash Flow | $159M | $225M | $99M | -29.2% | 61.6% |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $17M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $50M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $213M |
| Interest Income | $2M |
| Interest Expense | $50M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $6M |
| EBIT | $213M |
| EBITDA | $218M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $17M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $50M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $213M |
| Interest Income | $2M |
| Interest Expense | $50M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $6M |
| EBIT | $213M |
| EBITDA | $218M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$248M |
| NET CASH FROM INVESTING | -$266M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $6.4B |
| Inventory | $62M |
| Other Current Assets | $334M |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $267M |
| Other Non-Current Assets | -$171M |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $6.9B |
| Account Payables | $203M |
| Short-Term Debt | $38M |
| Deferred Revenue | $200.0K |
| Other Current Liabilities | -$242M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $267M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $800.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $4.2B |
| Net Debt | $4.2B |
