| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $175M | $179M | 6.9% | 4.7% |
| Op. Income | $52M | $56M | $52M | -7.0% | -0.8% |
| Gross Margin | 85.9% | 87.7% | 90.7% | -1.8pp | -4.8pp |
| Net Margin | 22.1% | 25.3% | 22.6% | -3.2pp | -0.5pp |
| EPS (Diluted) | $1.17 | $1.25 | $1.09 | -6.4% | 7.3% |
| Free Cash Flow | $58M | $34M | $51M | 70.4% | 14.3% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $959.0K |
| General & Administrative | $80M |
| SG&A Expenses | $81M |
| Other Expenses | $29M |
| Operating Expenses | $109M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $52M |
| Interest Income | $150M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $8M |
| EBIT | $52M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $959.0K |
| General & Administrative | $80M |
| SG&A Expenses | $81M |
| Other Expenses | $29M |
| Operating Expenses | $109M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $52M |
| Interest Income | $150M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $8M |
| EBIT | $52M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$541.0K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$349M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | -$324M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $752M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $321M |
| Goodwill | $1.0B |
| Intangible Assets | $87M |
| Long-Term Investments | $11.3B |
| Tax Assets | $28M |
| Other Non-Current Assets | $510M |
| TOTAL NON-CURRENT ASSETS | $13.2B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $0 |
| Short-Term Debt | $298M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.9B |
| TOTAL CURRENT LIABILITIES | $12.2B |
| Long-Term Debt | $816M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $273M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $13.3B |
| Common Stock | $87M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $609M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $1.1B |
| Net Debt | $362M |
