| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | $317M | $299M | 1.3% | 7.3% |
| Op. Income | $145M | $147M | $153M | -0.9% | -5.3% |
| Gross Margin | 75.4% | 76.0% | 80.4% | -0.6pp | -5.0pp |
| Net Margin | 34.4% | 34.9% | 38.3% | -0.5pp | -3.9pp |
| EPS (Diluted) | $0.86 | $0.86 | $0.89 | 0.0% | -3.4% |
| Free Cash Flow | $44M | $112M | $87M | -60.5% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $44M |
| Operating Expenses | $97M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $145M |
| Interest Income | $297M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $11M |
| EBIT | $145M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $44M |
| Operating Expenses | $97M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $145M |
| Interest Income | $297M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $11M |
| EBIT | $145M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$894.0K |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $6M |
| Sales/Maturities of Investments | $251M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | $198M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$305M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $739M |
| Short-Term Investments | $2.5B |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $662M |
| Goodwill | $661M |
| Intangible Assets | $30M |
| Long-Term Investments | $17.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $862M |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $223M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.2B |
| TOTAL CURRENT LIABILITIES | $18.4B |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $545M |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $3M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $555M |
| Net Debt | -$183M |
