| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $293M | — | 11.9% | — |
| Op. Income | $28M | $37M | — | -24.1% | — |
| Gross Margin | 92.7% | 91.4% | — | 1.3pp | — |
| Net Margin | 6.9% | 18.4% | — | -11.5pp | — |
| EPS (Diluted) | $0.24 | $0.58 | — | -58.1% | — |
| Free Cash Flow | -$48M | -$96M | — | 49.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $177M |
| General & Administrative | $26M |
| SG&A Expenses | $202M |
| Other Expenses | $73M |
| Operating Expenses | $275M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $28M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $28M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $177M |
| General & Administrative | $26M |
| SG&A Expenses | $202M |
| Other Expenses | $73M |
| Operating Expenses | $275M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $28M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $28M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $89M |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $395M |
| Short-Term Investments | $57M |
| Net Receivables | $368M |
| Inventory | $0 |
| Other Current Assets | -$150M |
| TOTAL CURRENT ASSETS | $837M |
| PP&E (Net) | $92M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $22M |
| Tax Assets | $22M |
| Other Non-Current Assets | $620M |
| TOTAL NON-CURRENT ASSETS | $756M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | -$331M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $957M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $11.3K |
| Additional Paid-In Capital | $162M |
| Retained Earnings | -$170M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $402M |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $50M |
| Net Debt | -$346M |
