| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $124M | $108M | 0.8% | 15.8% |
| Op. Income | $60M | $63M | $53M | -4.6% | 13.3% |
| Gross Margin | 81.4% | 82.5% | 82.1% | -1.1pp | -0.7pp |
| Net Margin | 38.3% | 42.2% | 37.4% | -3.9pp | 1.0pp |
| EPS (Diluted) | $1.27 | $1.39 | $1.07 | -8.6% | 18.7% |
| Free Cash Flow | $60M | $36M | $38M | 69.2% | 59.6% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $42M |
| Operating Expenses | $42M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $60M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $8M |
| EBIT | $63M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $42M |
| Operating Expenses | $42M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $60M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $8M |
| EBIT | $63M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$391.0K |
| Other Non-Cash Items | $291.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $92.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $286M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | -$81M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $141M |
| Goodwill | $60M |
| Intangible Assets | $3M |
| Long-Term Investments | $232M |
| Tax Assets | $2M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $437M |
| TOTAL ASSETS | $812M |
| Account Payables | $17M |
| Short-Term Debt | $90M |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$44M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$4M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $341M |
| Retained Earnings | $525M |
| Treasury Stock | -$194M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $812M |
| Total Debt | $90M |
| Net Debt | -$196M |
