| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $387M | $323M | $432M | 19.8% | -10.3% |
| Op. Income | $106M | $58M | $151M | 83.0% | -29.8% |
| Gross Margin | 83.6% | 77.1% | 81.0% | 6.5pp | 2.6pp |
| Net Margin | 51.2% | 16.1% | 23.9% | 35.1pp | 27.4pp |
| EPS (Diluted) | $0.86 | $0.23 | $0.46 | 273.9% | 87.0% |
| Free Cash Flow | $113M | $56M | $0 | 101.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $324M |
| R&D Expenses | $76M |
| Selling & Marketing | $112M |
| General & Administrative | $30M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $218M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $106M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $132M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $8M |
| EBIT | $106M |
| EBITDA | $114M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $324M |
| R&D Expenses | $76M |
| Selling & Marketing | $112M |
| General & Administrative | $30M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $218M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $106M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $132M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $8M |
| EBIT | $106M |
| EBITDA | $114M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $198M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$96M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $38.0K |
| Purchases of Investments | -$489M |
| Sales/Maturities of Investments | $746M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | $215M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $341M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $858M |
| Net Receivables | $798M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $107M |
| Short-Term Debt | $0 |
| Deferred Revenue | $158M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $750M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5.1B |
| Other Equity | -$5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | -$998.0K |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.7B |
| Net Debt | $213M |
