| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $624M | $624M | $704M | -0.0% | -11.5% |
| Op. Income | $74M | $69M | $83M | 8.1% | -10.3% |
| Gross Margin | 75.3% | 76.5% | 76.1% | -1.2pp | -0.8pp |
| Net Margin | 7.4% | 6.9% | 7.2% | 0.5pp | 0.2pp |
| EPS (Diluted) | $0.83 | $0.77 | $0.90 | 7.8% | -7.8% |
| Free Cash Flow | $67M | -$22M | $37M | 406.2% | 80.3% |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $469M |
| R&D Expenses | $0 |
| Selling & Marketing | $246M |
| General & Administrative | $149M |
| SG&A Expenses | $395M |
| Other Expenses | -$3M |
| Operating Expenses | $395M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $19M |
| EBIT | $74M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $469M |
| R&D Expenses | $0 |
| Selling & Marketing | $246M |
| General & Administrative | $149M |
| SG&A Expenses | $395M |
| Other Expenses | -$3M |
| Operating Expenses | $395M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $19M |
| EBIT | $74M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$573.0K |
| Purchases of Investments | -$453.0K |
| Sales/Maturities of Investments | $171.0K |
| Other Investing Activities | -$282.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$152.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$152.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $361M |
| Short-Term Investments | $8M |
| Net Receivables | $62M |
| Inventory | $293M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $788M |
| PP&E (Net) | $561M |
| Goodwill | $197M |
| Intangible Assets | $84M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $160M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $49M |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$37M |
| TOTAL CURRENT LIABILITIES | $415M |
| Long-Term Debt | $349M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $542M |
| TOTAL LIABILITIES | $956M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $835M |
| Minority Interest | $0 |
| TOTAL EQUITY | $835M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $530M |
| Net Debt | $169M |
