| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $123M | $115M | 1.9% | 9.2% |
| Op. Income | $26M | $27M | $31M | -2.1% | -15.3% |
| Gross Margin | 61.2% | 60.6% | 70.0% | 0.6pp | -8.8pp |
| Net Margin | 16.1% | 16.5% | 20.3% | -0.5pp | -4.2pp |
| EPS (Diluted) | $0.07 | $0.07 | $0.08 | 0.0% | -12.5% |
| Free Cash Flow | $8M | $34M | -$46M | -77.2% | 116.6% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $29M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $51M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $26M |
| Interest Income | $120M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| 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 | $5M |
| EBIT | $26M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $29M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $51M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $26M |
| Interest Income | $120M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| 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 | $5M |
| EBIT | $26M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$144M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $95M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $575M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $874M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $12.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $376M |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $824M |
| Treasury Stock | -$760M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | -$47M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $3.6B |
| Net Debt | $3.4B |
