| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $426M | $418M | $430M | 1.9% | -1.1% |
| Op. Income | $25M | $6M | -$24M | 331.0% | 204.2% |
| Gross Margin | 35.2% | 33.7% | 26.8% | 1.5pp | 8.4pp |
| Net Margin | 3.0% | 0.9% | -19.1% | 2.1pp | 22.2pp |
| EPS (Diluted) | $0.36 | $0.11 | $-2.42 | 227.3% | 114.9% |
| Free Cash Flow | $55M | -$2M | $48M | 2577.3% | 14.5% |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $276M |
| GROSS PROFIT | $150M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $5M |
| Operating Expenses | $123M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $27M |
| EBIT | $25M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $276M |
| GROSS PROFIT | $150M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $5M |
| Operating Expenses | $123M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $27M |
| EBIT | $25M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $0 |
| Net Receivables | $326M |
| Inventory | $146M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $790M |
| PP&E (Net) | $106M |
| Goodwill | $373M |
| Intangible Assets | $181M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $710M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $173M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $299M |
| Long-Term Debt | $459M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $496M |
| TOTAL LIABILITIES | $795M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $623M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $704M |
| Minority Interest | $0 |
| TOTAL EQUITY | $704M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $459M |
| Net Debt | $176M |
