| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $112M | $101M | 1.2% | 11.8% |
| Op. Income | $41M | $41M | $37M | -0.1% | 11.0% |
| Gross Margin | 86.1% | 87.1% | 91.9% | -1.0pp | -5.8pp |
| Net Margin | 28.2% | 29.3% | 29.3% | -1.1pp | -1.1pp |
| EPS (Diluted) | $0.96 | $0.98 | $0.89 | -2.0% | 7.9% |
| Free Cash Flow | $30M | $24M | $19M | 23.1% | 55.7% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $17M |
| Operating Expenses | $56M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $41M |
| Interest Income | $81M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $17M |
| Operating Expenses | $56M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $41M |
| Interest Income | $81M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $174.0K |
| Deferred Income Tax | -$459.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $101M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $724M |
| Net Receivables | $230M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $178M |
| Goodwill | $80M |
| Intangible Assets | $16M |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $43M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $33M |
| Additional Paid-In Capital | $150M |
| Retained Earnings | $745M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $401.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $32M |
| Net Debt | -$1.4B |
