| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $150M | $126M | -0.9% | 17.8% |
| Op. Income | $42M | $41M | $37M | 4.0% | 14.0% |
| Gross Margin | 89.3% | 90.8% | 94.1% | -1.5pp | -4.8pp |
| Net Margin | 22.4% | 25.0% | 22.8% | -2.6pp | -0.4pp |
| EPS (Diluted) | $0.95 | $1.09 | $0.89 | -12.8% | 6.7% |
| Free Cash Flow | $161M | -$66M | -$80M | 345.3% | 301.4% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $33M |
| Operating Expenses | $91M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $42M |
| Interest Income | $130M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $33M |
| Operating Expenses | $91M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $42M |
| Interest Income | $130M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $125M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $451.0K |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | -$119M |
| Common Stock Repurchased | -$269.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$101M |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $1.6B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $171M |
| Goodwill | $339M |
| Intangible Assets | $31M |
| Long-Term Investments | $8.9B |
| Tax Assets | $70M |
| Other Non-Current Assets | $363M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $11.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.4B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $654M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $694M |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $11.7B |
| Total Debt | $654M |
| Net Debt | $392M |
