| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 1.1% |
| Op. Income | $118M | — | $73M | — | 60.7% |
| Gross Margin | 74.1% | — | 73.7% | — | 0.4pp |
| Net Margin | -2.2% | — | 4.2% | — | -6.4pp |
| EPS (Diluted) | $-0.23 | — | $0.44 | — | -152.3% |
| Free Cash Flow | $221M | — | $209M | — | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $325M |
| GROSS PROFIT | $930M |
| R&D Expenses | $247M |
| Selling & Marketing | $417M |
| General & Administrative | $128M |
| SG&A Expenses | $545M |
| Other Expenses | $24M |
| Operating Expenses | $816M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $118M |
| Interest Income | $4M |
| Interest Expense | $43M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $78M |
| EBIT | $63M |
| EBITDA | $141M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $151M |
| OPERATING CASH FLOW | $285M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | -$87M |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$123M |
| FREE CASH FLOW | $221M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $28M |
| Net Receivables | $373M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $783M |
| PP&E (Net) | $106M |
| Goodwill | $1.2B |
| Intangible Assets | $170M |
| Long-Term Investments | $30M |
| Tax Assets | $199M |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $386M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $638M |
| Long-Term Debt | $669M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $824M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $669M |
| Net Debt | $400M |
