| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $204M | $91M | -11.0% | 99.1% |
| Op. Income | $66M | $91M | $23M | -27.4% | 189.6% |
| Gross Margin | 50.1% | 49.9% | 43.4% | 0.2pp | 6.7pp |
| Net Margin | 24.6% | 28.0% | 15.7% | -3.4pp | 8.8pp |
| EPS (Diluted) | $0.61 | $0.77 | $0.20 | -20.8% | 205.0% |
| Free Cash Flow | $64M | $51M | $31M | 25.8% | 108.3% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $66M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $68M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $66M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $68M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $16M |
| Goodwill | $405M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $78M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $857M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $936M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $732.0K |
| Additional Paid-In Capital | $636M |
| Retained Earnings | $60M |
| Treasury Stock | -$74M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615M |
| Minority Interest | $0 |
| TOTAL EQUITY | $615M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $857M |
| Net Debt | $802M |
