| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274M | $259M | $252M | 5.8% | 8.5% |
| Op. Income | $51M | $50M | $54M | 2.6% | -5.2% |
| Gross Margin | 60.8% | 59.4% | 60.5% | 1.3pp | 0.3pp |
| Net Margin | 15.4% | 12.8% | 16.6% | 2.5pp | -1.2pp |
| EPS (Diluted) | $0.98 | $0.77 | $0.97 | 27.3% | 1.0% |
| Free Cash Flow | $69M | $40M | $52M | 71.0% | 33.0% |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $44M |
| SG&A Expenses | $90M |
| Other Expenses | $26M |
| Operating Expenses | $116M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $51M |
| Interest Income | $800.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $26M |
| EBIT | $53M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $44M |
| SG&A Expenses | $90M |
| Other Expenses | $26M |
| Operating Expenses | $116M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $51M |
| Interest Income | $800.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $26M |
| EBIT | $53M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$700.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $384M |
| Short-Term Investments | $30M |
| Net Receivables | $170M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $620M |
| PP&E (Net) | $252M |
| Goodwill | $557M |
| Intangible Assets | $65M |
| Long-Term Investments | $61M |
| Tax Assets | $13M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $952M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $233M |
| Other Current Liabilities | $119M |
| TOTAL CURRENT LIABILITIES | $381M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $569M |
| Common Stock | $0 |
| Additional Paid-In Capital | $640M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$730M |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $154M |
| Net Debt | -$230M |
