| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $403M | $395M | $377M | 2.1% | 7.1% |
| Op. Income | $54M | $51M | $40M | 5.8% | 32.5% |
| Gross Margin | 55.0% | 55.7% | 53.3% | -0.7pp | 1.7pp |
| Net Margin | 13.3% | 12.3% | 8.0% | 1.0pp | 5.2pp |
| EPS (Diluted) | $0.32 | $0.29 | $0.18 | 10.4% | 76.7% |
| Free Cash Flow | $91M | -$78M | $39M | 217.2% | 131.6% |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $222M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | -$2M |
| Operating Expenses | $173M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $54M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $32M |
| EBIT | $64M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $222M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | -$2M |
| Operating Expenses | $173M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $54M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $32M |
| EBIT | $64M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $849.5K |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$229M |
| Sales/Maturities of Investments | $207M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$191.1K |
| Common Stock Repurchased | -$679.6K |
| Common Dividends Paid | -$43M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $166M |
| Net Receivables | $490M |
| Inventory | $345M |
| Other Current Assets | $187M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $601M |
| Goodwill | $43M |
| Intangible Assets | $502M |
| Long-Term Investments | $40M |
| Tax Assets | $59M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $149M |
| Short-Term Debt | $296M |
| Deferred Revenue | $53M |
| Other Current Liabilities | $258M |
| TOTAL CURRENT LIABILITIES | $757M |
| Long-Term Debt | $286M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $334M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$679.6K |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $590M |
| Net Debt | $549M |
