| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | $352M | $335M | 0.9% | 5.9% |
| Op. Income | $109M | $101M | $95M | 8.1% | 13.8% |
| Gross Margin | 53.5% | 52.6% | 51.3% | 0.9pp | 2.2pp |
| Net Margin | 23.9% | 24.0% | 15.9% | -0.1pp | 8.0pp |
| EPS (Diluted) | $2.19 | $2.17 | $1.33 | 0.9% | 64.7% |
| Free Cash Flow | $87M | $37M | $86M | 137.2% | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $109M |
| Interest Income | $889.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $15M |
| EBIT | $109M |
| EBITDA | $123M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $109M |
| Interest Income | $889.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $15M |
| EBIT | $109M |
| EBITDA | $123M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $15.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $27M |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $105M |
| Goodwill | $700M |
| Intangible Assets | $136M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $977M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $65M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $199M |
| Long-Term Debt | $575M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $667M |
| TOTAL LIABILITIES | $865M |
| Common Stock | $397.0K |
| Additional Paid-In Capital | $733M |
| Retained Earnings | $244M |
| Treasury Stock | -$324M |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $600M |
| Minority Interest | $0 |
| TOTAL EQUITY | $600M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $575M |
| Net Debt | $357M |
