| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $350M | $317M | $320M | 10.4% | 9.4% |
| Op. Income | $61M | $49M | $47M | 24.5% | 29.8% |
| Gross Margin | 26.1% | 25.6% | 26.3% | 0.5pp | -0.1pp |
| Net Margin | 13.7% | 12.3% | 14.4% | 1.4pp | -0.7pp |
| EPS (Diluted) | $1.73 | $1.42 | $1.67 | 21.8% | 3.6% |
| Free Cash Flow | $54M | $31M | $38M | 74.0% | 41.6% |
| Item | Amount |
|---|---|
| REVENUE | $350M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | -$10M |
| Operating Expenses | $30M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| 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 | $52M |
| EBITDA | $59M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $350M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | -$10M |
| Operating Expenses | $30M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| 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 | $52M |
| EBITDA | $59M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$58M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$253.0K |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$166.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $92M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $366M |
| PP&E (Net) | $215M |
| Goodwill | $211M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $510M |
| TOTAL ASSETS | $875M |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $121M |
| Additional Paid-In Capital | $121M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$740M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$121M |
| TOTAL STOCKHOLDERS' EQUITY | $705M |
| Minority Interest | $0 |
| TOTAL EQUITY | $705M |
| TOTAL LIABILITIES & EQUITY | $875M |
| Total Debt | $0 |
| Net Debt | -$195M |
