| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $164M | $151M | 9.7% | 19.3% |
| Op. Income | $49M | $53M | $54M | -7.9% | -9.0% |
| Gross Margin | 88.5% | 88.8% | 92.0% | -0.3pp | -3.4pp |
| Net Margin | 21.1% | 25.4% | 27.7% | -4.3pp | -6.6pp |
| EPS (Diluted) | $0.59 | $0.69 | $0.74 | -14.5% | -20.3% |
| Free Cash Flow | -$5M | $45M | $37M | -111.0% | -113.6% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $55M |
| Operating Expenses | $110M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $49M |
| Interest Income | $142M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $12M |
| EBIT | $49M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $55M |
| Operating Expenses | $110M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $49M |
| Interest Income | $142M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $12M |
| EBIT | $49M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $500.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$133M |
| Sales/Maturities of Investments | $211M |
| Other Investing Activities | $173M |
| NET CASH FROM INVESTING | $245M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.6B |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $321M |
| Goodwill | $624M |
| Intangible Assets | $97M |
| Long-Term Investments | $9.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $503M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $162M |
| Short-Term Debt | $687M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $893M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $789M |
| Net Debt | -$337M |
