| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $392M | $375M | $359M | 4.5% | 9.2% |
| Op. Income | $119M | $116M | $106M | 2.6% | 12.3% |
| Gross Margin | 75.0% | 75.2% | 80.5% | -0.2pp | -5.5pp |
| Net Margin | 24.2% | 25.1% | 23.7% | -0.8pp | 0.6pp |
| EPS (Diluted) | $0.29 | $0.28 | $0.26 | 3.6% | 11.5% |
| Free Cash Flow | -$115M | $7M | $138M | -1742.9% | -183.3% |
| Item | Amount |
|---|---|
| REVENUE | $392M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $101M |
| SG&A Expenses | $101M |
| Other Expenses | $74M |
| Operating Expenses | $175M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $119M |
| Interest Income | $317M |
| Interest Expense | $87M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $13M |
| EBIT | $119M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $392M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $101M |
| SG&A Expenses | $101M |
| Other Expenses | $74M |
| Operating Expenses | $175M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $119M |
| Interest Income | $317M |
| Interest Expense | $87M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $13M |
| EBIT | $119M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$226M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$104M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $262M |
| Other Investing Activities | -$209M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | $264M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$151M |
| NET CASH FROM FINANCING | $75M |
| FREE CASH FLOW | -$115M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $3.3B |
| Net Receivables | $385M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $328M |
| Goodwill | $2.3B |
| Intangible Assets | $74M |
| Long-Term Investments | $25.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $29.7B |
| TOTAL ASSETS | $33.9B |
| Account Payables | $0 |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.7B |
| TOTAL CURRENT LIABILITIES | $27.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $370M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $29.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $683M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $33.9B |
| Total Debt | $5.0B |
| Net Debt | $4.5B |
