| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $322M | $302M | $304M | 6.5% | 5.9% |
| Op. Income | $49M | $42M | $38M | 15.2% | 28.2% |
| Gross Margin | 37.9% | 37.2% | 35.3% | 0.7pp | 2.6pp |
| Net Margin | 11.3% | 10.5% | 8.2% | 0.8pp | 3.0pp |
| EPS (Diluted) | $0.70 | $0.62 | $0.49 | 12.9% | 42.9% |
| Free Cash Flow | $9M | $51M | $13M | -83.3% | -34.6% |
| Item | Amount |
|---|---|
| REVENUE | $322M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $122M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $1M |
| Operating Expenses | $73M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $49M |
| Interest Income | $633.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$639.0K |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $28M |
| EBIT | $50M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $322M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $122M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $1M |
| Operating Expenses | $73M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $49M |
| Interest Income | $633.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$639.0K |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $28M |
| EBIT | $50M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$105.0K |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$291.0K |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $235M |
| Short-Term Investments | $7M |
| Net Receivables | $240M |
| Inventory | $223M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $757M |
| PP&E (Net) | $471M |
| Goodwill | $139M |
| Intangible Assets | $130M |
| Long-Term Investments | $96.0K |
| Tax Assets | $29M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $858M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $111M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $142M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $288M |
| TOTAL LIABILITIES | $563M |
| Common Stock | $35M |
| Additional Paid-In Capital | $414M |
| Retained Earnings | $705M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $47M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $187M |
| Net Debt | -$48M |
