| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $359M | $296M | $328M | 21.3% | 9.4% |
| Op. Income | $48M | $33M | $37M | 46.8% | 29.0% |
| Gross Margin | 52.8% | 46.5% | 55.3% | 6.3pp | -2.5pp |
| Net Margin | 10.9% | 8.3% | 10.5% | 2.6pp | 0.4pp |
| EPS (Diluted) | $0.55 | $0.33 | $0.35 | 66.7% | 57.1% |
| Free Cash Flow | $76M | -$74M | $86M | 201.9% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $142M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $48M |
| Interest Income | $131.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $47M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $142M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $48M |
| Interest Income | $131.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $47M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $27.0K |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $186M |
| Inventory | $135M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $200M |
| Goodwill | $2M |
| Intangible Assets | $45M |
| Long-Term Investments | $2M |
| Tax Assets | $8M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $264M |
| TOTAL ASSETS | $714M |
| Account Payables | $101M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $258M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $602M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $489M |
| Retained Earnings | $185M |
| Treasury Stock | -$507M |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $714M |
| Total Debt | $385M |
| Net Debt | $275M |
