| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.3B | -1.4% | 32.0% |
| Op. Income | $776M | $829M | $881M | -6.4% | -11.9% |
| Gross Margin | 88.8% | 89.9% | 100.0% | -1.1pp | -11.2pp |
| Net Margin | 32.1% | 31.7% | 38.5% | 0.4pp | -6.3pp |
| EPS (Diluted) | $2.01 | $1.93 | $1.85 | 4.1% | 8.4% |
| Free Cash Flow | $152M | $133M | -$63M | 14.3% | 341.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $191M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $519M |
| General & Administrative | $174M |
| SG&A Expenses | $733M |
| Other Expenses | $0 |
| Operating Expenses | $667M |
| Cost & Expenses | $858M |
| OPERATING INCOME | $776M |
| Interest Income | $87M |
| Interest Expense | $0 |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $756M |
| Income Tax Expense | $210M |
| Net Income from Continuing Ops | $546M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $546M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $546M |
| D&A | $11M |
| EBIT | $776M |
| EBITDA | $787M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $191M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $519M |
| General & Administrative | $174M |
| SG&A Expenses | $733M |
| Other Expenses | $0 |
| Operating Expenses | $667M |
| Cost & Expenses | $858M |
| OPERATING INCOME | $776M |
| Interest Income | $87M |
| Interest Expense | $0 |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $756M |
| Income Tax Expense | $210M |
| Net Income from Continuing Ops | $546M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $546M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $546M |
| D&A | $11M |
| EBIT | $776M |
| EBITDA | $787M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $546M |
| Depreciation & Amortization | -$29M |
| Stock-Based Compensation | $547.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$357M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | $9M |
| Acquisitions (Net) | $126M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $125M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$270M |
| NET CASH FROM FINANCING | -$306M |
| FREE CASH FLOW | $152M |
| Net Change in Cash | -$39M |
