| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $127M | $85M | 2.0% | 53.0% |
| Op. Income | $77M | $73M | $49M | 5.5% | 56.2% |
| Gross Margin | 94.0% | 94.3% | 98.7% | -0.3pp | -4.7pp |
| Net Margin | 42.1% | 40.6% | 41.8% | 1.5pp | 0.4pp |
| EPS (Diluted) | $0.39 | $0.37 | $0.32 | 5.4% | 21.9% |
| Free Cash Flow | $27M | $53M | $22M | -49.1% | 23.6% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $12M |
| Operating Expenses | $45M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $77M |
| Interest Income | $116M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $2M |
| EBIT | $77M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $12M |
| Operating Expenses | $45M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $77M |
| Interest Income | $116M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $2M |
| EBIT | $77M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $952.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | $91M |
| NET CASH FROM INVESTING | $185M |
| Net Debt Issuance | -$153M |
| Common Stock Repurchased | -$77.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$209M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $1.6B |
| Net Receivables | $138M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $54M |
| Goodwill | $664M |
| Intangible Assets | $48M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $348M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $0 |
| Short-Term Debt | $421M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $632M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $447M |
| Net Debt | $265M |
