| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $992M | 0.8% | 2.8% |
| Op. Income | $150M | $133M | $132M | 12.8% | 13.9% |
| Gross Margin | 35.4% | 34.5% | 34.8% | 0.9pp | 0.6pp |
| Net Margin | 12.2% | 10.0% | 10.3% | 2.1pp | 1.9pp |
| EPS (Diluted) | $0.90 | $0.72 | $0.70 | 25.0% | 28.6% |
| Free Cash Flow | $148M | $72M | $3M | 104.5% | 4276.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $659M |
| GROSS PROFIT | $361M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $24M |
| Operating Expenses | $211M |
| Cost & Expenses | $869M |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $2.0K |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $50M |
| EBIT | $150M |
| EBITDA | $201M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $659M |
| GROSS PROFIT | $361M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $24M |
| Operating Expenses | $211M |
| Cost & Expenses | $869M |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $2.0K |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $50M |
| EBIT | $150M |
| EBITDA | $201M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $543.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $169M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$459.0K |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $51M |
| Net Receivables | $959M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $487M |
| Goodwill | $2.5B |
| Intangible Assets | $219M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $436M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $190M |
| Short-Term Debt | $0 |
| Deferred Revenue | $152M |
| Other Current Liabilities | $548M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $210M |
| Other Non-Current Liabilities | $317M |
| TOTAL NON-CURRENT LIABILITIES | $527M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $42M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $0 |
| Net Debt | -$399M |
