| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $246M | $245M | $213M | 0.4% | 15.4% |
| Op. Income | $30M | $32M | $24M | -5.5% | 26.0% |
| Gross Margin | 46.2% | 47.3% | 48.6% | -1.1pp | -2.4pp |
| Net Margin | 7.9% | 7.9% | 7.1% | 0.0pp | 0.8pp |
| EPS (Diluted) | $0.60 | $0.59 | $0.46 | 1.7% | 30.4% |
| Free Cash Flow | $6M | $5M | -$18M | 32.8% | 133.3% |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $114M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $1M |
| Operating Expenses | $81M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $30M |
| Interest Income | $417.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $18M |
| EBIT | $32M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $114M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $1M |
| Operating Expenses | $81M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $30M |
| Interest Income | $417.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $18M |
| EBIT | $32M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $983.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $18M |
| Net Receivables | $312M |
| Inventory | $0 |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $178M |
| Goodwill | $257M |
| Intangible Assets | $133M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $607M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $45M |
| Short-Term Debt | $31M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $336M |
| Long-Term Debt | $428M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | -$63M |
| TOTAL NON-CURRENT LIABILITIES | $470M |
| TOTAL LIABILITIES | $805M |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $447M |
| Retained Earnings | $819M |
| Treasury Stock | -$858M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $374M |
| Minority Interest | $0 |
| TOTAL EQUITY | $374M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $459M |
| Net Debt | $345M |
