| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $236M | $235M | 4.7% | 5.1% |
| Op. Income | $12M | -$4M | $8M | 414.2% | 60.0% |
| Gross Margin | 93.9% | 94.0% | 93.7% | -0.0pp | 0.2pp |
| Net Margin | 5.0% | 0.6% | 4.6% | 4.4pp | 0.4pp |
| EPS (Diluted) | $0.16 | $0.02 | $0.12 | 700.0% | 33.3% |
| Free Cash Flow | $47M | $32M | $13M | 45.4% | 255.4% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $232M |
| R&D Expenses | $55M |
| Selling & Marketing | $122M |
| General & Administrative | $31M |
| SG&A Expenses | $153M |
| Other Expenses | $4M |
| Operating Expenses | $220M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $12M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $12M |
| EBIT | $16M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $232M |
| R&D Expenses | $55M |
| Selling & Marketing | $122M |
| General & Administrative | $31M |
| SG&A Expenses | $153M |
| Other Expenses | $4M |
| Operating Expenses | $220M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $12M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $12M |
| EBIT | $16M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$653.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$132M |
| Sales/Maturities of Investments | $196M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $83M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$295M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55.0K |
| NET CASH FROM FINANCING | -$296M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $273M |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $332M |
| Goodwill | $105M |
| Intangible Assets | $12M |
| Long-Term Investments | $45M |
| Tax Assets | $20M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $552M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $3M |
| Short-Term Debt | $57M |
| Deferred Revenue | $5M |
| Other Current Liabilities | -$15M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$193M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $337M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$431M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $746M |
| Minority Interest | $0 |
| TOTAL EQUITY | $746M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $254M |
| Net Debt | $114M |
