| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $163M | $154M | 7.1% | 13.2% |
| Op. Income | $34M | $26M | $24M | 30.4% | 39.2% |
| Gross Margin | 64.8% | 66.0% | 66.1% | -1.3pp | -1.3pp |
| Net Margin | 10.1% | 10.7% | 31.7% | -0.6pp | -21.6pp |
| EPS (Diluted) | $0.11 | $0.11 | $0.32 | 0.0% | -65.6% |
| Free Cash Flow | $42M | $35M | $33M | 19.0% | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $113M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $34M |
| Interest Income | $114.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $20M |
| EBIT | $34M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $113M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $34M |
| Interest Income | $114.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $20M |
| EBIT | $34M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$114.0K |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$58.0K |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $71M |
| Net Receivables | $113M |
| Inventory | $91M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $145M |
| Goodwill | $706M |
| Intangible Assets | $608M |
| Long-Term Investments | -$104M |
| Tax Assets | $104M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $16M |
| Short-Term Debt | $13M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $533M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $661M |
| TOTAL LIABILITIES | $748M |
| Common Stock | $377.0K |
| Additional Paid-In Capital | $284M |
| Retained Earnings | $895M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $545M |
| Net Debt | $459M |
