| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $122M | $112M | -0.3% | 9.1% |
| Op. Income | $42M | $43M | $41M | -2.8% | 1.7% |
| Gross Margin | 88.8% | 86.2% | 87.1% | 2.6pp | 1.7pp |
| Net Margin | 29.2% | 27.3% | 29.3% | 1.8pp | -0.1pp |
| EPS (Diluted) | $1.06 | $1.00 | $0.98 | 6.0% | 8.2% |
| Free Cash Flow | $39M | $33M | $24M | 17.7% | 62.1% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $41M |
| SG&A Expenses | $43M |
| Other Expenses | $23M |
| Operating Expenses | $66M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $42M |
| Interest Income | $86M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $4M |
| EBIT | $42M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $41M |
| SG&A Expenses | $43M |
| Other Expenses | $23M |
| Operating Expenses | $66M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $42M |
| Interest Income | $86M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $4M |
| EBIT | $42M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $389.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$608.0K |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $153M |
| NET CASH FROM FINANCING | $143M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $490M |
| Net Receivables | $203M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $206M |
| Goodwill | $149M |
| Intangible Assets | $23M |
| Long-Term Investments | $5.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $49M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $33M |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $815M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $28M |
| Net Debt | -$1.8B |
