| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $252M | $243M | -0.3% | 3.5% |
| Op. Income | $53M | $51M | $52M | 5.3% | 2.7% |
| Gross Margin | 35.7% | 34.2% | 35.0% | 1.5pp | 0.7pp |
| Net Margin | 4.9% | 4.4% | 3.7% | 0.5pp | 1.3pp |
| EPS (Diluted) | $0.89 | $0.81 | $0.63 | 9.9% | 41.3% |
| Free Cash Flow | -$57M | $12M | $38M | -578.2% | -251.1% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $15M |
| EBIT | $31M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $15M |
| EBIT | $31M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$813.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $695.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $872M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $199M |
| Goodwill | $138M |
| Intangible Assets | $32M |
| Long-Term Investments | $995M |
| Tax Assets | $15M |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $43M |
| Short-Term Debt | $17M |
| Deferred Revenue | $849.0K |
| Other Current Liabilities | -$165M |
| TOTAL CURRENT LIABILITIES | $558M |
| Long-Term Debt | $288M |
| Deferred Revenue NC | $248M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $770M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $48M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $471M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $564M |
| Minority Interest | $0 |
| TOTAL EQUITY | $564M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.0B |
| Net Debt | $966M |
