| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $156M | $155M | -3.5% | -3.2% |
| Op. Income | $44M | $49M | $56M | -10.5% | -21.7% |
| Gross Margin | 90.0% | 91.9% | 95.2% | -1.9pp | -5.2pp |
| Net Margin | 23.5% | 25.8% | 29.0% | -2.3pp | -5.6pp |
| EPS (Diluted) | $0.66 | $0.76 | $0.86 | -13.2% | -23.3% |
| Free Cash Flow | $67M | $24M | $53M | 183.2% | 27.5% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $66M |
| SG&A Expenses | $67M |
| Other Expenses | $24M |
| Operating Expenses | $91M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $44M |
| Interest Income | $97M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $8M |
| EBIT | $44M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $66M |
| SG&A Expenses | $67M |
| Other Expenses | $24M |
| Operating Expenses | $91M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $44M |
| Interest Income | $97M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $8M |
| EBIT | $44M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $34M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | -$323M |
| NET CASH FROM INVESTING | -$251M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$65.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $973M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $791M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $3.3B |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $167M |
| Goodwill | $793M |
| Intangible Assets | $60M |
| Long-Term Investments | $7.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $247M |
| Short-Term Debt | $168M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $11.3B |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $101M |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $54M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $915M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $90M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $269M |
| Net Debt | -$1.1B |
