| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $141M | $111M | 7.1% | 35.0% |
| Op. Income | $55M | $49M | $41M | 11.6% | 35.6% |
| Gross Margin | 84.2% | 83.5% | 83.6% | 0.7pp | 0.5pp |
| Net Margin | 29.8% | 28.7% | 29.8% | 1.1pp | 0.0pp |
| EPS (Diluted) | $0.82 | $0.74 | $0.71 | 10.8% | 15.5% |
| Free Cash Flow | $21M | $49M | $34M | -56.5% | -37.3% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $20M |
| Operating Expenses | $72M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $55M |
| Interest Income | $120M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $10M |
| 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 | $0 |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $20M |
| Operating Expenses | $72M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $55M |
| Interest Income | $120M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $10M |
| 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 | $0 |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$539.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$221M |
| NET CASH FROM FINANCING | -$178M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $196M |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $915M |
| Long-Term Investments | $10.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $347M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $0 |
| Short-Term Debt | $296M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $296M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $10.1B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $114M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $789M |
| Treasury Stock | -$2.0K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
