| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $118M | $129M | 1.4% | -7.1% |
| Op. Income | $59M | $53M | $77M | 10.4% | -23.3% |
| Gross Margin | 87.6% | 85.8% | 94.0% | 1.8pp | -6.4pp |
| Net Margin | 34.7% | 32.1% | 42.1% | 2.6pp | -7.5pp |
| EPS (Diluted) | $0.31 | $0.27 | $0.39 | 14.8% | -20.5% |
| Free Cash Flow | $21M | $75M | $27M | -72.0% | -22.6% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $14M |
| Operating Expenses | $46M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $59M |
| Interest Income | $108M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | -$1M |
| EBIT | $59M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $14M |
| Operating Expenses | $46M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $59M |
| Interest Income | $108M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | -$1M |
| EBIT | $59M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | -$1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$668.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55.0K |
| Sales/Maturities of Investments | $190M |
| Other Investing Activities | -$937M |
| NET CASH FROM INVESTING | -$747M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.7B |
| Net Receivables | $102M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $52M |
| Goodwill | $664M |
| Intangible Assets | $38M |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $381M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $468M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.0B |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $305M |
| TOTAL NON-CURRENT LIABILITIES | $340M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $712M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $504M |
| Net Debt | -$1.5B |
