| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $341M | $264M | -18.3% | 5.5% |
| Op. Income | $44M | $81M | $33M | -46.0% | 34.8% |
| Gross Margin | 64.9% | 66.4% | 61.3% | -1.4pp | 3.6pp |
| Net Margin | 12.5% | 18.8% | 11.3% | -6.3pp | 1.2pp |
| EPS (Diluted) | $0.64 | $1.17 | $0.55 | -45.3% | 16.4% |
| Free Cash Flow | $33M | $96M | $65M | -65.4% | -48.7% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $87M |
| General & Administrative | $49M |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $44M |
| Interest Income | $8M |
| Interest Expense | $165.0K |
| Other Income/Expenses | -$165.0K |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $20M |
| EBIT | $44M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $87M |
| General & Administrative | $49M |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $44M |
| Interest Income | $8M |
| Interest Expense | $165.0K |
| Other Income/Expenses | -$165.0K |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $20M |
| EBIT | $44M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$593M |
| NET CASH FROM FINANCING | -$593M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$580M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $20M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $388M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $163M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $224M |
| Tax Assets | $11M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $969M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $35M |
| Short-Term Debt | $542.0K |
| Deferred Revenue | $185M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $292M |
| Retained Earnings | $628M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $922M |
| Minority Interest | $0 |
| TOTAL EQUITY | $922M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $38M |
| Net Debt | -$1.1B |
