| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $130M | $153M | 25.1% | 6.6% |
| Op. Income | $32M | -$3M | $20M | 1246.2% | 64.1% |
| Gross Margin | 57.4% | 49.5% | 55.9% | 7.9pp | 1.5pp |
| Net Margin | 15.4% | 9.5% | 8.2% | 5.9pp | 7.2pp |
| EPS (Diluted) | $0.37 | $0.18 | $0.19 | 105.6% | 94.7% |
| Free Cash Flow | $44M | $30M | $22M | 47.7% | 103.3% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $94M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$819.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $32M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $94M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$819.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $32M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $744.0K |
| Other Non-Cash Items | $180.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$105.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$861.0K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $59M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $123M |
| Goodwill | $347M |
| Intangible Assets | $47M |
| Long-Term Investments | $30M |
| Tax Assets | $24M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $630M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $38M |
| Short-Term Debt | $17M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $202M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $290M |
| TOTAL LIABILITIES | $405M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $443M |
| Retained Earnings | $549M |
| Treasury Stock | -$289M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $703M |
| Minority Interest | $0 |
| TOTAL EQUITY | $703M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $219M |
| Net Debt | -$92M |
