| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $238M | $366M | 63.2% | 6.2% |
| Op. Income | $87M | $4M | $56M | 1991.6% | 56.0% |
| Gross Margin | 53.5% | 51.4% | 50.5% | 2.1pp | 2.9pp |
| Net Margin | 19.6% | 1.9% | 15.9% | 17.7pp | 3.7pp |
| EPS (Diluted) | $1.27 | $0.08 | $0.93 | 1558.0% | 36.6% |
| Free Cash Flow | $55M | $53M | $66M | 3.3% | -16.5% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $208M |
| R&D Expenses | $88M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $121M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $87M |
| Interest Income | $3M |
| Interest Expense | $280.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $18M |
| EBIT | $89M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $208M |
| R&D Expenses | $88M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $121M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $87M |
| Interest Income | $3M |
| Interest Expense | $280.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $18M |
| EBIT | $89M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $110.0K |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $429.0K |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$429.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $23M |
| Net Receivables | $218M |
| Inventory | $145M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $652M |
| PP&E (Net) | $321M |
| Goodwill | $285M |
| Intangible Assets | $55M |
| Long-Term Investments | $239M |
| Tax Assets | $9M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $932M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $109M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $405M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$213M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$751.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $147M |
| Net Debt | -$75M |
