| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $169M | $125M | 9.4% | 47.3% |
| Op. Income | $104M | $91M | $60M | 14.3% | 72.7% |
| Gross Margin | 82.4% | 81.4% | 81.4% | 1.0pp | 0.9pp |
| Net Margin | 45.4% | 44.3% | 38.3% | 1.1pp | 7.0pp |
| EPS (Diluted) | $2.20 | $1.96 | $1.27 | 12.2% | 73.2% |
| Free Cash Flow | $94M | $109M | $60M | -14.3% | 55.7% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $48M |
| Operating Expenses | $48M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $104M |
| Interest Income | $714.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $268.0K |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $10M |
| EBIT | $104M |
| EBITDA | $114M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $48M |
| Operating Expenses | $48M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $104M |
| Interest Income | $714.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $268.0K |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $10M |
| EBIT | $104M |
| EBITDA | $114M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $163.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $77M |
| Net Receivables | $99M |
| Inventory | $0 |
| Other Current Assets | -$41M |
| TOTAL CURRENT ASSETS | $580M |
| PP&E (Net) | $156M |
| Goodwill | $147M |
| Intangible Assets | $60M |
| Long-Term Investments | $54M |
| Tax Assets | $33.0K |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $459M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$39M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $186M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $704M |
| Treasury Stock | -$165M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $853M |
| Minority Interest | $0 |
| TOTAL EQUITY | $853M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $95M |
| Net Debt | -$309M |
