| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $231M | $214M | -11.2% | -4.3% |
| Op. Income | $30M | $36M | $35M | -15.1% | -14.6% |
| Gross Margin | 27.6% | 28.2% | 29.8% | -0.6pp | -2.2pp |
| Net Margin | 11.8% | 12.5% | 12.8% | -0.8pp | -1.1pp |
| EPS (Diluted) | $0.64 | $0.76 | $0.73 | -15.8% | -12.3% |
| Free Cash Flow | $35M | $44M | $43M | -19.8% | -19.0% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $5M |
| Operating Expenses | $27M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $5.0K |
| Other Income/Expenses | $234.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $30M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $5M |
| Operating Expenses | $27M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $5.0K |
| Other Income/Expenses | $234.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $30M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $645.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $180M |
| Goodwill | $662M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $469.0K |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $903M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $195M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $338M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $484M |
| Common Stock | $354.0K |
| Additional Paid-In Capital | $677M |
| Retained Earnings | $70M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $738M |
| Minority Interest | $0 |
| TOTAL EQUITY | $738M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $115M |
| Net Debt | -$46M |
