| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $571M | $169M | $526M | 237.1% | 8.6% |
| Op. Income | $95M | -$23M | $84M | 512.3% | 12.1% |
| Gross Margin | 44.6% | 40.4% | 44.7% | 4.2pp | -0.1pp |
| Net Margin | 12.0% | -10.2% | 13.4% | 22.2pp | -1.4pp |
| EPS (Diluted) | $1.04 | $-0.27 | $1.06 | 485.2% | -1.9% |
| Free Cash Flow | $242M | -$114M | $232M | 311.8% | 4.5% |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $316M |
| GROSS PROFIT | $255M |
| R&D Expenses | $11M |
| Selling & Marketing | $120M |
| General & Administrative | $22M |
| SG&A Expenses | $141M |
| Other Expenses | -$1M |
| Operating Expenses | $160M |
| Cost & Expenses | $477M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $8M |
| EBIT | $95M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $571M |
| Cost of Revenue | $316M |
| GROSS PROFIT | $255M |
| R&D Expenses | $11M |
| Selling & Marketing | $120M |
| General & Administrative | $22M |
| SG&A Expenses | $141M |
| Other Expenses | -$1M |
| Operating Expenses | $160M |
| Cost & Expenses | $477M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $8M |
| EBIT | $95M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$395.0K |
| Other Non-Cash Items | -$201.0K |
| Change in Working Capital | $171M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $63.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $242M |
| Net Change in Cash | $231M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $258M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $64M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $160M |
| Goodwill | $63M |
| Intangible Assets | $60M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $295M |
| TOTAL ASSETS | $685M |
| Account Payables | $52M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $87M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $329M |
| Common Stock | $865.0K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $125M |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | -$261.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $356M |
| Minority Interest | $0 |
| TOTAL EQUITY | $356M |
| TOTAL LIABILITIES & EQUITY | $685M |
| Total Debt | $98M |
| Net Debt | -$159M |
