| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $203M | $189M | 7.4% | 15.2% |
| Op. Income | $19M | $13M | $7M | 47.0% | 155.8% |
| Gross Margin | 47.9% | 48.0% | 47.1% | -0.1pp | 0.8pp |
| Net Margin | 7.3% | 1.6% | 3.5% | 5.7pp | 3.9pp |
| EPS (Diluted) | $0.37 | $0.08 | $0.16 | 362.5% | 131.3% |
| Free Cash Flow | $12M | $10M | $8M | 22.6% | 44.1% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $104M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $16M |
| EBIT | $19M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $104M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $16M |
| EBIT | $19M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $735.0K |
| Other Non-Cash Items | $616.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $205M |
| Inventory | $104M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $114M |
| Goodwill | $336M |
| Intangible Assets | $134M |
| Long-Term Investments | $21M |
| Tax Assets | $31M |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $767M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $83M |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $211M |
| Long-Term Debt | $77M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $424M |
| Common Stock | $51.0K |
| Additional Paid-In Capital | $753M |
| Retained Earnings | $217M |
| Treasury Stock | -$185M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $773M |
| Minority Interest | $0 |
| TOTAL EQUITY | $773M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $132M |
| Net Debt | $44M |
