| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $175M | $189M | -1.6% | -9.0% |
| Op. Income | $45M | $35M | $66M | 31.3% | -31.1% |
| Gross Margin | 77.9% | 71.0% | 79.5% | 6.9pp | -1.6pp |
| Net Margin | 21.7% | 16.4% | 27.9% | 5.4pp | -6.1pp |
| EPS (Diluted) | $0.49 | $0.29 | $0.53 | 69.0% | -7.5% |
| Free Cash Flow | $56M | -$132M | $15M | 142.5% | 268.4% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $65M |
| SG&A Expenses | $66M |
| Other Expenses | $22M |
| Operating Expenses | $89M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $45M |
| Interest Income | $129M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $6M |
| EBIT | $45M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $65M |
| SG&A Expenses | $66M |
| Other Expenses | $22M |
| Operating Expenses | $89M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $45M |
| Interest Income | $129M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $6M |
| EBIT | $45M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$222M |
| Sales/Maturities of Investments | $271M |
| Other Investing Activities | -$845M |
| NET CASH FROM INVESTING | -$800M |
| Net Debt Issuance | -$282M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $762M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $2.9B |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $211M |
| Goodwill | $938M |
| Intangible Assets | $70M |
| Long-Term Investments | $10.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $508M |
| Short-Term Debt | $154M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.7B |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $472M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $812M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $676M |
| Treasury Stock | -$126M |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $628M |
| Net Debt | $306M |
