| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $188M | $217M | 9.9% | -4.8% |
| Op. Income | $15M | $5M | $18M | 185.9% | -19.1% |
| Gross Margin | 61.5% | 61.6% | 60.5% | -0.1pp | 1.0pp |
| Net Margin | -7.8% | 2.9% | 6.6% | -10.6pp | -14.3pp |
| EPS (Diluted) | $-0.37 | $0.12 | $0.32 | -408.3% | -215.6% |
| Free Cash Flow | $34M | $28M | $21M | 20.1% | 59.0% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $127M |
| R&D Expenses | $64M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $15M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $14M |
| EBIT | $15M |
| EBITDA | $29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$396.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $452M |
| Net Receivables | $72M |
| Inventory | $74M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $848M |
| PP&E (Net) | $138M |
| Goodwill | $397M |
| Intangible Assets | $150M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $755M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $361M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $552M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $951M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $890.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $361M |
| Net Debt | $172M |
