| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $302M | $261M | 0.7% | 16.5% |
| Op. Income | $67M | $68M | $66M | -1.2% | 1.7% |
| Gross Margin | 79.9% | 80.2% | 87.3% | -0.3pp | -7.4pp |
| Net Margin | 18.7% | 19.1% | 21.2% | -0.4pp | -2.5pp |
| EPS (Diluted) | $1.16 | $1.18 | $1.11 | -1.7% | 4.5% |
| Free Cash Flow | $75M | $36M | $66M | 107.5% | 14.2% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $122M |
| SG&A Expenses | $129M |
| Other Expenses | $47M |
| Operating Expenses | $176M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $67M |
| Interest Income | $217M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $14M |
| EBIT | $67M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $122M |
| SG&A Expenses | $129M |
| Other Expenses | $47M |
| Operating Expenses | $176M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $67M |
| Interest Income | $217M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $14M |
| EBIT | $67M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$859.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$540M |
| Sales/Maturities of Investments | $395M |
| Other Investing Activities | -$382M |
| NET CASH FROM INVESTING | -$540M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$28.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $251M |
| NET CASH FROM FINANCING | $237M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | -$215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $7.2B |
| Net Receivables | $129M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $279M |
| Goodwill | $181M |
| Intangible Assets | $12M |
| Long-Term Investments | $14.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $941M |
| TOTAL NON-CURRENT ASSETS | $15.4B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.4B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $231M |
| TOTAL LIABILITIES | $21.5B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$279M |
| Accum. Other Comp. Income | $63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $1.8B |
| Net Debt | $498M |
