| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $352M | $292M | $338M | 20.5% | 4.0% |
| Op. Income | $106M | $49M | $103M | 114.4% | 2.6% |
| Gross Margin | 89.5% | 87.2% | 89.2% | 2.3pp | 0.3pp |
| Net Margin | 25.2% | 16.7% | 21.7% | 8.5pp | 3.4pp |
| EPS (Diluted) | $0.86 | $0.47 | $0.70 | 83.0% | 22.9% |
| Free Cash Flow | $45M | $7M | $6M | 501.2% | 608.7% |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $315M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $0 |
| Operating Expenses | $209M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $106M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $88M |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $20M |
| EBIT | $111M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $315M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $0 |
| Operating Expenses | $209M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $106M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $88M |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $20M |
| EBIT | $111M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$10M |
| Common Stock Repurchased | -$72M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $734M |
| Short-Term Investments | $175M |
| Net Receivables | $471M |
| Inventory | $28M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $630M |
| Goodwill | $333M |
| Intangible Assets | $168M |
| Long-Term Investments | $127M |
| Tax Assets | $129M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $9M |
| Short-Term Debt | $17M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $307M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $179M |
| TOTAL NON-CURRENT LIABILITIES | $268M |
| TOTAL LIABILITIES | $576M |
| Common Stock | $99.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $82M |
| Net Debt | -$653M |
