| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $302M | $300M | 11.9% | 12.9% |
| Op. Income | $103M | $69M | $84M | 49.9% | 21.9% |
| Gross Margin | 89.2% | 87.2% | 89.6% | 2.0pp | -0.5pp |
| Net Margin | 21.7% | 32.5% | 21.8% | -10.8pp | -0.0pp |
| EPS (Diluted) | $0.70 | $0.93 | $0.66 | -24.7% | 6.1% |
| Free Cash Flow | $6M | $26M | $60M | -75.9% | -89.4% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $302M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | $0 |
| Operating Expenses | $199M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $103M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $73M |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $21M |
| EBIT | $110M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $302M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | $0 |
| Operating Expenses | $199M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $103M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $73M |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $21M |
| EBIT | $110M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $110M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$22M |
| Common Stock Repurchased | -$86M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$108.0K |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $734M |
| Short-Term Investments | $160M |
| Net Receivables | $427M |
| Inventory | $35M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $538M |
| Goodwill | $327M |
| Intangible Assets | $187M |
| Long-Term Investments | $199M |
| Tax Assets | $113M |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $168M |
| TOTAL CURRENT LIABILITIES | $294M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $229M |
| TOTAL LIABILITIES | $494M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $6M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $0 |
| Net Debt | -$734M |
