| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $150M | $103M | 1.3% | 48.3% |
| Op. Income | $51M | $55M | $31M | -7.7% | 62.0% |
| Gross Margin | 82.3% | 83.9% | 87.7% | -1.6pp | -5.4pp |
| Net Margin | 28.6% | 27.6% | 8.9% | 1.0pp | 19.7pp |
| EPS (Diluted) | $0.91 | $0.87 | $0.24 | 4.6% | 279.2% |
| Free Cash Flow | -$18M | -$42M | $32M | 57.6% | -155.4% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $31M |
| Operating Expenses | $75M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $51M |
| Interest Income | $123M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $6M |
| EBIT | $51M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $31M |
| Operating Expenses | $75M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $51M |
| Interest Income | $123M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $6M |
| EBIT | $51M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $808.0K |
| Deferred Income Tax | $351.0K |
| Other Non-Cash Items | -$64M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $103M |
| NET CASH FROM INVESTING | $106M |
| Net Debt Issuance | -$505M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $470M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $655M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $145M |
| Goodwill | $503M |
| Intangible Assets | $59M |
| Long-Term Investments | $8.6B |
| Tax Assets | $35M |
| Other Non-Current Assets | $244M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $0 |
| Short-Term Debt | $90M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $171M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $49M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $377M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $261M |
| Net Debt | -$394M |
