| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | $226M | $164M | -10.2% | 23.9% |
| Op. Income | $67M | $64M | $53M | 5.0% | 25.9% |
| Gross Margin | 79.4% | 77.5% | 77.9% | 1.8pp | 1.5pp |
| Net Margin | 27.5% | 23.5% | 26.9% | 3.9pp | 0.6pp |
| EPS (Diluted) | $0.69 | $0.65 | $0.67 | 6.2% | 3.0% |
| Free Cash Flow | $81M | $73M | $74M | 10.4% | 8.9% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $55M |
| SG&A Expenses | $59M |
| Other Expenses | $35M |
| Operating Expenses | $94M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $67M |
| Interest Income | $174M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | -$42.0K |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $10M |
| EBIT | $67M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $55M |
| SG&A Expenses | $59M |
| Other Expenses | $35M |
| Operating Expenses | $94M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $67M |
| Interest Income | $174M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | -$42.0K |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $10M |
| EBIT | $67M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$132M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | -$363M |
| NET CASH FROM INVESTING | -$401M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $260M |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $398M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $161M |
| Goodwill | $936M |
| Intangible Assets | $74M |
| Long-Term Investments | $13.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $870M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $17.6B |
| Account Payables | $0 |
| Short-Term Debt | $436M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.3B |
| TOTAL CURRENT LIABILITIES | $13.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $231M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $15.0B |
| Common Stock | $106M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $17.6B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
