| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $380M | $377M | $342M | 0.9% | 11.2% |
| Op. Income | $53M | $52M | $46M | 3.0% | 15.3% |
| Gross Margin | 65.6% | 65.2% | 65.3% | 0.4pp | 0.3pp |
| Net Margin | 11.1% | 9.8% | 10.0% | 1.2pp | 1.0pp |
| EPS (Diluted) | $0.65 | $0.58 | $0.54 | 12.1% | 20.4% |
| Free Cash Flow | $3M | $166M | $48M | -98.5% | -94.8% |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $250M |
| R&D Expenses | $46M |
| Selling & Marketing | $95M |
| General & Administrative | $44M |
| SG&A Expenses | $139M |
| Other Expenses | $11M |
| Operating Expenses | $196M |
| Cost & Expenses | $327M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $724.0K |
| Other Income/Expenses | -$724.0K |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $11M |
| 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 | $43M |
| EBIT | $53M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $250M |
| R&D Expenses | $46M |
| Selling & Marketing | $95M |
| General & Administrative | $44M |
| SG&A Expenses | $139M |
| Other Expenses | $11M |
| Operating Expenses | $196M |
| Cost & Expenses | $327M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $724.0K |
| Other Income/Expenses | -$724.0K |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $11M |
| 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 | $43M |
| EBIT | $53M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | -$115M |
| Sales/Maturities of Investments | $94M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$187.0K |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $273M |
| Net Receivables | $269M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $258M |
| Goodwill | $1.4B |
| Intangible Assets | $467M |
| Long-Term Investments | $358M |
| Tax Assets | $13M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $281M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $703M |
| Long-Term Debt | $460M |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $658M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $594M |
| Net Debt | $358M |
