| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | — | $223M | — | 25.0% |
| Op. Income | $18M | — | -$34M | — | 152.7% |
| Gross Margin | 95.2% | — | 94.8% | — | 0.4pp |
| Net Margin | 13.1% | — | -26.1% | — | 39.2pp |
| EPS (Diluted) | $0.07 | — | $-0.12 | — | 158.3% |
| Free Cash Flow | $56M | — | -$21M | — | 369.2% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $266M |
| R&D Expenses | $16M |
| Selling & Marketing | $125M |
| General & Administrative | $85M |
| SG&A Expenses | $211M |
| Other Expenses | $15M |
| Operating Expenses | $248M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $21M |
| EBIT | $33M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $266M |
| R&D Expenses | $16M |
| Selling & Marketing | $125M |
| General & Administrative | $85M |
| SG&A Expenses | $211M |
| Other Expenses | $15M |
| Operating Expenses | $248M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $21M |
| EBIT | $33M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$25.0K |
| NET CASH FROM INVESTING | -$301.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $25M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $474M |
| PP&E (Net) | $71M |
| Goodwill | $895M |
| Intangible Assets | $304M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $20M |
| Short-Term Debt | $14M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $246M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $267M |
| TOTAL LIABILITIES | $468M |
| Common Stock | $502.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $27M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $260M |
| Net Debt | -$77M |
