| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $194M | $136M | -16.0% | 20.1% |
| Op. Income | $55M | $54M | $50M | 1.6% | 9.7% |
| Gross Margin | 73.0% | 69.6% | 73.7% | 3.4pp | -0.7pp |
| Net Margin | 24.9% | 20.0% | 27.3% | 4.9pp | -2.4pp |
| EPS (Diluted) | $0.66 | $0.63 | $0.58 | 4.8% | 13.8% |
| Free Cash Flow | $75M | $5M | $46M | 1317.7% | 62.4% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $41M |
| SG&A Expenses | $44M |
| Other Expenses | $19M |
| Operating Expenses | $64M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $55M |
| Interest Income | $142M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $41M |
| SG&A Expenses | $44M |
| Other Expenses | $19M |
| Operating Expenses | $64M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $55M |
| Interest Income | $142M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$568.0K |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$257M |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $323M |
| NET CASH FROM FINANCING | $284M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $94M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $228M |
| Net Receivables | $203M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $942M |
| PP&E (Net) | $0 |
| Goodwill | $71M |
| Intangible Assets | $73M |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $714M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $239M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $627M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $925M |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $666.0K |
| Additional Paid-In Capital | $390M |
| Retained Earnings | $826M |
| Treasury Stock | -$149M |
| Accum. Other Comp. Income | $16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $627M |
| Net Debt | $116M |
