| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $200M | $129M | -15.3% | 31.5% |
| Op. Income | $53M | $62M | $43M | -15.4% | 22.9% |
| Gross Margin | 85.1% | 85.3% | 83.7% | -0.2pp | 1.3pp |
| Net Margin | 28.8% | 23.6% | 27.7% | 5.2pp | 1.1pp |
| EPS (Diluted) | $0.83 | $0.81 | $0.61 | 2.5% | 36.1% |
| Free Cash Flow | $23M | $66M | $30M | -65.6% | -23.7% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $144M |
| R&D Expenses | $17M |
| Selling & Marketing | $42M |
| General & Administrative | $27M |
| SG&A Expenses | $69M |
| Other Expenses | $5M |
| Operating Expenses | $91M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $258.0K |
| Other Income/Expenses | -$521.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $10M |
| EBIT | $53M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $144M |
| R&D Expenses | $17M |
| Selling & Marketing | $42M |
| General & Administrative | $27M |
| SG&A Expenses | $69M |
| Other Expenses | $5M |
| Operating Expenses | $91M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $258.0K |
| Other Income/Expenses | -$521.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $10M |
| EBIT | $53M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $640.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $406M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $405M |
| Net Debt Issuance | -$444.0K |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$279M |
| NET CASH FROM FINANCING | -$298M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $767.0K |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $196M |
| Goodwill | $52M |
| Intangible Assets | $639.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $290M |
| TOTAL NON-CURRENT ASSETS | $538M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $190M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $612.0K |
| Additional Paid-In Capital | $246M |
| Retained Earnings | $492M |
| Treasury Stock | -$304M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $435M |
| Minority Interest | $0 |
| TOTAL EQUITY | $435M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $34M |
| Net Debt | -$61M |
