| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $158M | $149M | -3.5% | 2.3% |
| Op. Income | $21M | $42M | $42M | -48.9% | -49.1% |
| Gross Margin | 76.5% | 88.6% | 89.3% | -12.2pp | -12.9pp |
| Net Margin | 11.1% | 21.3% | 22.4% | -10.2pp | -11.3pp |
| EPS (Diluted) | $0.47 | $0.95 | $0.95 | -50.5% | -50.5% |
| Free Cash Flow | $49M | $72M | $161M | -31.7% | -69.2% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $62M |
| SG&A Expenses | $63M |
| Other Expenses | $32M |
| Operating Expenses | $95M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $21M |
| Interest Income | $132M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $7M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $62M |
| SG&A Expenses | $63M |
| Other Expenses | $32M |
| Operating Expenses | $95M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $21M |
| Interest Income | $132M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $7M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$350M |
| Sales/Maturities of Investments | $131M |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | -$191M |
| Net Debt Issuance | -$193M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $401M |
| NET CASH FROM FINANCING | $126M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $1.6B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $175M |
| Goodwill | $373M |
| Intangible Assets | $27M |
| Long-Term Investments | $9.8B |
| Tax Assets | $47M |
| Other Non-Current Assets | $439M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $0 |
| Short-Term Debt | $129M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.4B |
| TOTAL CURRENT LIABILITIES | $10.8B |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $392M |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $476M |
| Net Debt | $181M |
