| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $121M | $109M | 2.4% | 13.2% |
| Op. Income | $19M | $23M | $15M | -15.2% | 28.7% |
| Gross Margin | 38.6% | 41.4% | 44.2% | -2.8pp | -5.6pp |
| Net Margin | 10.3% | 12.6% | 37.9% | -2.3pp | -27.6pp |
| EPS (Diluted) | $0.15 | $0.18 | $0.56 | -16.7% | -73.2% |
| Free Cash Flow | $8M | $12M | $16M | -31.8% | -47.9% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $19M |
| Interest Income | $884.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $19M |
| Interest Income | $884.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $210.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$393.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$393.0K |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$132.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$324.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $46M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $3M |
| Goodwill | $471M |
| Intangible Assets | $309M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $787M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $17M |
| Short-Term Debt | $653.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $191M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $663.0K |
| TOTAL NON-CURRENT LIABILITIES | $254M |
| TOTAL LIABILITIES | $289M |
| Common Stock | $819.0K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | $86M |
| Treasury Stock | -$127.0K |
| Accum. Other Comp. Income | -$835.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $817M |
| Minority Interest | $0 |
| TOTAL EQUITY | $817M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $191M |
| Net Debt | -$28M |
