| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $226M | $240M | -2.2% | -8.3% |
| Op. Income | $61M | $26M | $77M | 140.3% | -20.5% |
| Gross Margin | 82.4% | 81.7% | 85.5% | 0.6pp | -3.1pp |
| Net Margin | 23.5% | 10.0% | 26.2% | 13.4pp | -2.7pp |
| EPS (Diluted) | $0.32 | $0.13 | $0.36 | 146.2% | -11.1% |
| Free Cash Flow | -$26M | -$29M | $28M | 9.8% | -193.5% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $80M |
| SG&A Expenses | $83M |
| Other Expenses | $37M |
| Operating Expenses | $120M |
| Cost & Expenses | $159M |
| OPERATING INCOME | $61M |
| Interest Income | $162M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $10M |
| EBIT | $61M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $80M |
| SG&A Expenses | $83M |
| Other Expenses | $37M |
| Operating Expenses | $120M |
| Cost & Expenses | $159M |
| OPERATING INCOME | $61M |
| Interest Income | $162M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $10M |
| EBIT | $61M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $287.0K |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$707M |
| Sales/Maturities of Investments | $532M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$92M |
| Common Stock Repurchased | -$473.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $5.4B |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $543M |
| Goodwill | $1.0B |
| Intangible Assets | $53M |
| Long-Term Investments | $13.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $16.3B |
| TOTAL ASSETS | $22.1B |
| Account Payables | $0 |
| Short-Term Debt | $369M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $16.9B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $19.2B |
| Common Stock | $165M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $678M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $149M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $22.1B |
| Total Debt | $2.7B |
| Net Debt | $2.4B |
