| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $122M | $117M | 6.2% | 10.9% |
| Op. Income | $34M | $32M | $33M | 6.4% | 1.8% |
| Gross Margin | 85.4% | 84.6% | 88.0% | 0.8pp | -2.6pp |
| Net Margin | 20.4% | 20.6% | 22.6% | -0.2pp | -2.1pp |
| EPS (Diluted) | $0.25 | $0.24 | $0.25 | 4.2% | 0.0% |
| Free Cash Flow | $48M | $26M | $32M | 81.0% | 48.6% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $46M |
| SG&A Expenses | $49M |
| Other Expenses | $27M |
| Operating Expenses | $77M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $34M |
| Interest Income | $106M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $119.0K |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $46M |
| SG&A Expenses | $49M |
| Other Expenses | $27M |
| Operating Expenses | $77M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $34M |
| Interest Income | $106M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $119.0K |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $119.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$172M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $102M |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $855M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $149M |
| Goodwill | $345M |
| Intangible Assets | $24M |
| Long-Term Investments | $8.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $293M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $293M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $487M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $799M |
| Retained Earnings | $563M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $293M |
| Net Debt | $186M |
