| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $197M | $237M | -11.4% | -26.2% |
| Op. Income | $51M | $72M | $58M | -29.6% | -12.8% |
| Gross Margin | 56.1% | 63.6% | 40.4% | -7.6pp | 15.6pp |
| Net Margin | 29.2% | 37.1% | 19.4% | -7.9pp | 9.8pp |
| EPS (Diluted) | $1.06 | $1.52 | $0.95 | -30.3% | 11.6% |
| Free Cash Flow | $108M | $72M | -$19M | 50.7% | 662.8% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $36M |
| General & Administrative | $9M |
| SG&A Expenses | $45M |
| Other Expenses | $2M |
| Operating Expenses | $47M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $51M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $36M |
| General & Administrative | $9M |
| SG&A Expenses | $45M |
| Other Expenses | $2M |
| Operating Expenses | $47M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $51M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$221.0K |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $145.0K |
| Other Investing Activities | -$140M |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$340.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $14M |
| Net Receivables | $17M |
| Inventory | $300.0K |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $130M |
| Goodwill | $161M |
| Intangible Assets | $206M |
| Long-Term Investments | $1.1B |
| Tax Assets | $18M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $18M |
| Short-Term Debt | $51M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $530.0K |
| Additional Paid-In Capital | $265M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$144M |
| Accum. Other Comp. Income | -$724.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $269M |
| Net Debt | $204M |
