| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $148M | $142M | 4.0% | 8.8% |
| Op. Income | $28M | $28M | $36M | -2.5% | -22.7% |
| Gross Margin | 52.4% | 53.4% | 56.8% | -1.0pp | -4.4pp |
| Net Margin | 13.6% | 14.1% | 19.5% | -0.6pp | -5.9pp |
| EPS (Diluted) | $0.32 | $0.32 | $0.42 | 0.0% | -23.8% |
| Free Cash Flow | $35M | $35M | $15M | -0.1% | 131.6% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $81M |
| R&D Expenses | $22M |
| Selling & Marketing | $15M |
| General & Administrative | $17M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$71.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $81M |
| R&D Expenses | $22M |
| Selling & Marketing | $15M |
| General & Administrative | $17M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$71.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$352.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $240M |
| PP&E (Net) | $54M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $133M |
| TOTAL ASSETS | $372M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $98M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $217M |
| Common Stock | $643.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $171M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $372M |
| Total Debt | $36M |
| Net Debt | -$84M |
