| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $104M | $166M | 70.2% | 7.2% |
| Op. Income | $28M | $6M | $26M | 365.8% | 7.1% |
| Gross Margin | 44.5% | 42.4% | 44.8% | 2.1pp | -0.2pp |
| Net Margin | 12.3% | 3.4% | 13.0% | 9.0pp | -0.7pp |
| EPS (Diluted) | $2.18 | $0.35 | $2.15 | 522.9% | 1.4% |
| Free Cash Flow | -$35M | -$43M | -$28M | 19.6% | -24.7% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $79M |
| R&D Expenses | $6M |
| Selling & Marketing | $33M |
| General & Administrative | $13M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $28M |
| Interest Income | $317.0K |
| Interest Expense | $36.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $34M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $79M |
| R&D Expenses | $6M |
| Selling & Marketing | $33M |
| General & Administrative | $13M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $28M |
| Interest Income | $317.0K |
| Interest Expense | $36.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $34M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $574.0K |
| Deferred Income Tax | $155.0K |
| Other Non-Cash Items | -$131.0K |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $47.0K |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $116M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $316M |
| PP&E (Net) | $58M |
| Goodwill | $11M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $428M |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | $225M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $301M |
| Minority Interest | $0 |
| TOTAL EQUITY | $301M |
| TOTAL LIABILITIES & EQUITY | $428M |
| Total Debt | $0 |
| Net Debt | -$68M |
