| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $304M | $263M | 3.8% | 19.9% |
| Op. Income | $148M | $146M | $130M | 0.9% | 13.6% |
| Gross Margin | 82.5% | 84.1% | 87.7% | -1.6pp | -5.1pp |
| Net Margin | 39.0% | 39.8% | 39.8% | -0.8pp | -0.8pp |
| EPS (Diluted) | $1.19 | $1.16 | $0.99 | 2.6% | 20.2% |
| Free Cash Flow | $173M | $148M | $158M | 16.7% | 9.6% |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $66M |
| SG&A Expenses | $67M |
| Other Expenses | $46M |
| Operating Expenses | $113M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $148M |
| Interest Income | $303M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $5M |
| EBIT | $148M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $66M |
| SG&A Expenses | $67M |
| Other Expenses | $46M |
| Operating Expenses | $113M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $148M |
| Interest Income | $303M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $5M |
| EBIT | $148M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$935.0K |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$157M |
| Sales/Maturities of Investments | $149M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $173M |
| Net Change in Cash | $282M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $978M |
| Short-Term Investments | $3.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $194M |
| Goodwill | $290M |
| Intangible Assets | $8M |
| Long-Term Investments | $20.3B |
| Tax Assets | $9M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $25.3B |
| Account Payables | $0 |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.4B |
| TOTAL CURRENT LIABILITIES | $21.5B |
| Long-Term Debt | $387M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $546M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | $26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $25.3B |
| Total Debt | $477M |
| Net Debt | -$500M |
