| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $861M | $838M | $658M | 2.8% | 31.0% |
| Op. Income | $158M | $168M | $148M | -5.4% | 7.0% |
| Gross Margin | 32.9% | 35.4% | 39.9% | -2.5pp | -7.0pp |
| Net Margin | 15.7% | 17.2% | 20.1% | -1.5pp | -4.4pp |
| EPS (Diluted) | $0.08 | $0.08 | $0.08 | -3.4% | 0.0% |
| Free Cash Flow | $272M | $135M | $289M | 101.3% | -6.0% |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $61M |
| General & Administrative | $93M |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $158M |
| Interest Income | $21M |
| Interest Expense | $3M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $24M |
| EBIT | $158M |
| EBITDA | $158M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $61M |
| General & Administrative | $93M |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $158M |
| Interest Income | $21M |
| Interest Expense | $3M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $24M |
| EBIT | $158M |
| EBITDA | $158M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $140M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $276M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $374M |
| NET CASH FROM INVESTING | $374M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | $679M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $86M |
| Net Receivables | $246M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $43M |
| Goodwill | $2.5B |
| Intangible Assets | $244M |
| Long-Term Investments | $720M |
| Tax Assets | $18M |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $358M |
| Short-Term Debt | $0 |
| Deferred Revenue | $212M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $292.1K |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $724M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $266M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $14M |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $20M |
| Net Debt | -$2.8B |
