| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $178M | $184M | -13.2% | -15.9% |
| Op. Income | $37M | $32M | $57M | 12.7% | -35.9% |
| Gross Margin | 66.0% | 57.7% | 68.8% | 8.3pp | -2.9pp |
| Net Margin | 17.3% | 14.5% | 23.2% | 2.7pp | -5.9pp |
| EPS (Diluted) | $0.22 | $0.21 | $0.34 | 4.8% | -35.3% |
| Free Cash Flow | $26M | $70M | $15M | -62.8% | 74.2% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $43M |
| SG&A Expenses | $44M |
| Other Expenses | $22M |
| Operating Expenses | $66M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $37M |
| Interest Income | $145M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $43M |
| SG&A Expenses | $44M |
| Other Expenses | $22M |
| Operating Expenses | $66M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $37M |
| Interest Income | $145M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$301M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | -$285M |
| NET CASH FROM INVESTING | -$455M |
| Net Debt Issuance | -$175M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $667M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.9B |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $106M |
| Goodwill | $464M |
| Intangible Assets | $11M |
| Long-Term Investments | $12.8B |
| Tax Assets | $34M |
| Other Non-Current Assets | $264M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $14.1B |
| Long-Term Debt | $806M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $989M |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $762M |
| Treasury Stock | -$200M |
| Accum. Other Comp. Income | $38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $863M |
| Net Debt | -$637M |
