| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $388M | $340M | $426M | 14.2% | -8.7% |
| Op. Income | $35M | $3M | $25M | 978.1% | 38.0% |
| Gross Margin | 41.0% | 37.1% | 35.2% | 3.9pp | 5.8pp |
| Net Margin | 5.1% | 1.2% | 3.0% | 3.9pp | 2.1pp |
| EPS (Diluted) | $0.58 | $0.12 | $0.36 | 383.3% | 61.1% |
| Free Cash Flow | $70M | $40M | $55M | 74.6% | 27.5% |
| Item | Amount |
|---|---|
| REVENUE | $388M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $159M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $48M |
| Operating Expenses | $125M |
| Cost & Expenses | $354M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | $48M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $388M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $159M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $48M |
| Operating Expenses | $125M |
| Cost & Expenses | $354M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | $48M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $425M |
| Short-Term Investments | $0 |
| Net Receivables | $246M |
| Inventory | $82M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $791M |
| PP&E (Net) | $88M |
| Goodwill | $363M |
| Intangible Assets | $116M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $666M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $89M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $240M |
| Long-Term Debt | $477M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $526M |
| TOTAL LIABILITIES | $766M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $606M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $691M |
| Minority Interest | $0 |
| TOTAL EQUITY | $691M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $503M |
| Net Debt | $78M |
