| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $300M | $307M | 4.6% | 2.2% |
| Op. Income | $38M | $21M | $33M | 81.4% | 14.8% |
| Gross Margin | 57.6% | 55.3% | 54.6% | 2.3pp | 3.0pp |
| Net Margin | 8.9% | 2.3% | 4.2% | 6.7pp | 4.7pp |
| EPS (Diluted) | $0.12 | $0.03 | $0.06 | 300.0% | 100.0% |
| Free Cash Flow | $32M | $24M | $29M | 31.4% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $181M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $276M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$200.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $27M |
| EBIT | $46M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $181M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $276M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$200.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $27M |
| EBIT | $46M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$800.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $555M |
| Short-Term Investments | $2M |
| Net Receivables | $271M |
| Inventory | $92M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $955M |
| PP&E (Net) | $174M |
| Goodwill | $385M |
| Intangible Assets | $179M |
| Long-Term Investments | $500.0K |
| Tax Assets | $107M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $905M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $49M |
| Short-Term Debt | $12M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $590M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $834M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.3B |
| Retained Earnings | -$69.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$133M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $764M |
| Minority Interest | $0 |
| TOTAL EQUITY | $764M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $650M |
| Net Debt | $95M |
