| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $105M | $102M | 6.6% | 9.1% |
| Op. Income | $33M | $39M | $24M | -14.0% | 39.4% |
| Gross Margin | 74.4% | 83.2% | 71.1% | -8.8pp | 3.3pp |
| Net Margin | 21.9% | 29.5% | 18.8% | -7.7pp | 3.0pp |
| EPS (Diluted) | $0.38 | $0.48 | $0.30 | -20.8% | 26.7% |
| Free Cash Flow | $40M | $31M | $40M | 29.2% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $19M |
| Operating Expenses | $50M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $33M |
| Interest Income | $96M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $33M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $19M |
| Operating Expenses | $50M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $33M |
| Interest Income | $96M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $33M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$765.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$89M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | $114M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208M |
| Short-Term Investments | $1.1B |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $438M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $397M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $130M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $666M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | $4M |
| Other Equity | -$28M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
