| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $382M | $349M | $377M | 9.5% | 1.2% |
| Op. Income | $60M | $41M | $53M | 46.2% | 12.8% |
| Gross Margin | 64.4% | 64.5% | 67.3% | -0.0pp | -2.8pp |
| Net Margin | 11.7% | 8.5% | 9.8% | 3.3pp | 2.0pp |
| EPS (Diluted) | $0.19 | $0.13 | $0.16 | 46.2% | 18.8% |
| Free Cash Flow | $46M | -$108M | $86M | 143.0% | -45.8% |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $246M |
| R&D Expenses | $41M |
| Selling & Marketing | $101M |
| General & Administrative | $36M |
| SG&A Expenses | $136M |
| Other Expenses | $15M |
| Operating Expenses | $186M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $60M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $62M |
| EBIT | $70M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $246M |
| R&D Expenses | $41M |
| Selling & Marketing | $101M |
| General & Administrative | $36M |
| SG&A Expenses | $136M |
| Other Expenses | $15M |
| Operating Expenses | $186M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $60M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $62M |
| EBIT | $70M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$770.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$182M |
| Sales/Maturities of Investments | $249M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $625M |
| Short-Term Investments | $161M |
| Net Receivables | $425M |
| Inventory | $170M |
| Other Current Assets | $233M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $585M |
| Goodwill | $2.1B |
| Intangible Assets | $681M |
| Long-Term Investments | $273M |
| Tax Assets | $32M |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $57M |
| Short-Term Debt | $372M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $400M |
| TOTAL CURRENT LIABILITIES | $910M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $337M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$162M |
| Accum. Other Comp. Income | -$314M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.8B |
| Net Debt | $1.2B |
