| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $193M | $205M | -1.5% | -7.6% |
| Op. Income | $58M | $56M | $87M | 3.3% | -33.3% |
| Gross Margin | 66.0% | 62.9% | 76.1% | 3.1pp | -10.1pp |
| Net Margin | 28.6% | 24.3% | 35.2% | 4.3pp | -6.6pp |
| EPS (Diluted) | $0.68 | $0.59 | $0.90 | 15.3% | -24.4% |
| Free Cash Flow | $75M | $94M | $85M | -20.6% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $915.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $32M |
| Operating Expenses | $67M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $58M |
| Interest Income | $174M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $4M |
| EBIT | $58M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $915.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $32M |
| Operating Expenses | $67M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $58M |
| Interest Income | $174M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $4M |
| EBIT | $58M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $333M |
| Other Investing Activities | -$96M |
| NET CASH FROM INVESTING | $108M |
| Net Debt Issuance | -$278M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $889M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $2.6B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $138M |
| Goodwill | $372M |
| Intangible Assets | $6M |
| Long-Term Investments | $16.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$122M |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $19.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $16.3B |
| Long-Term Debt | $382M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $643M |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $903.0K |
| Additional Paid-In Capital | $954M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$331M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $19.3B |
| Total Debt | $418M |
| Net Debt | $269M |
