| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | $277M | $275M | -2.0% | -1.5% |
| Op. Income | $41M | $34M | $37M | 22.0% | 12.8% |
| Gross Margin | 46.4% | 44.7% | 44.6% | 1.7pp | 1.8pp |
| Net Margin | 19.9% | 17.2% | 11.6% | 2.7pp | 8.2pp |
| EPS (Diluted) | $1.30 | $1.16 | $0.80 | 12.1% | 62.5% |
| Free Cash Flow | $32M | $46M | $11M | -31.6% | 180.8% |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $126M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $41M |
| Interest Income | $470.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $470.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $20M |
| EBIT | $42M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $126M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $41M |
| Interest Income | $470.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $470.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $20M |
| EBIT | $42M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $52M |
| Net Receivables | $434M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $874M |
| PP&E (Net) | $192M |
| Goodwill | $840M |
| Intangible Assets | $354M |
| Long-Term Investments | $102M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $423M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $494M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $167.0K |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $553M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $844M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $20M |
| Net Debt | -$331M |
