| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $179M | $176M | 5.9% | 7.7% |
| Op. Income | $66M | $56M | $46M | 18.2% | 44.1% |
| Gross Margin | 79.5% | 75.2% | 84.6% | 4.3pp | -5.0pp |
| Net Margin | 27.9% | 25.7% | 20.7% | 2.2pp | 7.1pp |
| EPS (Diluted) | $0.53 | $0.47 | $0.37 | 12.8% | 43.2% |
| Free Cash Flow | $15M | $37M | $54M | -58.6% | -71.6% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $61M |
| SG&A Expenses | $63M |
| Other Expenses | $22M |
| Operating Expenses | $85M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $66M |
| Interest Income | $155M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $7M |
| EBIT | $66M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $61M |
| SG&A Expenses | $63M |
| Other Expenses | $22M |
| Operating Expenses | $85M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $66M |
| Interest Income | $155M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $7M |
| EBIT | $66M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $790.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$280M |
| Sales/Maturities of Investments | $272M |
| Other Investing Activities | -$225M |
| NET CASH FROM INVESTING | -$240M |
| Net Debt Issuance | $266M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $219M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $690.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $3.2B |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $211M |
| Goodwill | $880M |
| Intangible Assets | $36M |
| Long-Term Investments | $9.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $665M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $280M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $547M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $547M |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $658M |
| Treasury Stock | -$98M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
