| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $315M | $414M | 15.5% | -12.1% |
| Op. Income | $91M | $68M | $162M | 33.3% | -43.9% |
| Gross Margin | 49.5% | 47.3% | 56.8% | 2.3pp | -7.3pp |
| Net Margin | 19.9% | 17.5% | 29.4% | 2.4pp | -9.5pp |
| EPS (Diluted) | $1.34 | $1.02 | $2.21 | 31.4% | -39.4% |
| Free Cash Flow | $3M | $13M | $51M | -79.7% | -95.0% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $180M |
| R&D Expenses | $35M |
| Selling & Marketing | $21M |
| General & Administrative | $29M |
| SG&A Expenses | $49M |
| Other Expenses | $5M |
| Operating Expenses | $89M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $91M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $25M |
| EBIT | $96M |
| EBITDA | $121M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $180M |
| R&D Expenses | $35M |
| Selling & Marketing | $21M |
| General & Administrative | $29M |
| SG&A Expenses | $49M |
| Other Expenses | $5M |
| Operating Expenses | $89M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $91M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $25M |
| EBIT | $96M |
| EBITDA | $121M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | $450.0K |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$916.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $513M |
| Net Receivables | $274M |
| Inventory | $426M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $601M |
| Goodwill | $111M |
| Intangible Assets | $90M |
| Long-Term Investments | $880.0K |
| Tax Assets | $21M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $874M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $38M |
| Short-Term Debt | $4M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $222M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | -$108M |
| Deferred Tax Liabilities | $108M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $762M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$227M |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $714.0K |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $44M |
| Net Debt | -$486M |
