| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | $254M | $426M | 43.9% | -13.9% |
| Op. Income | $56M | -$6M | $91M | 1002.7% | -38.9% |
| Gross Margin | 50.5% | 48.9% | 49.7% | 1.6pp | 0.9pp |
| Net Margin | 15.9% | -1.7% | 17.2% | 17.6pp | -1.3pp |
| EPS (Diluted) | $0.93 | $-0.07 | $1.10 | 1428.6% | -15.5% |
| Free Cash Flow | $66M | -$6M | $68M | 1170.8% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $185M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $130M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $56M |
| Interest Income | $2M |
| Interest Expense | $280.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $23M |
| EBIT | $57M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $185M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $130M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $56M |
| Interest Income | $2M |
| Interest Expense | $280.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $23M |
| EBIT | $57M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $678.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$520.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $168.0K |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $49M |
| Net Receivables | $207M |
| Inventory | $142M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $643M |
| PP&E (Net) | $193M |
| Goodwill | $287M |
| Intangible Assets | $87M |
| Long-Term Investments | $151M |
| Tax Assets | $14M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $762M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $88M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$182M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$196M |
