| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $139M | $119M | 8.5% | 26.1% |
| Op. Income | $41M | $46M | $41M | -11.5% | -2.1% |
| Gross Margin | 90.8% | 92.4% | 94.0% | -1.5pp | -3.1pp |
| Net Margin | 25.0% | 27.2% | -11.4% | -2.3pp | 36.3pp |
| EPS (Diluted) | $1.09 | $1.17 | $-0.41 | -6.8% | 365.9% |
| Free Cash Flow | -$66M | $49M | $66M | -233.1% | -199.5% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $53M |
| SG&A Expenses | $56M |
| Other Expenses | $40M |
| Operating Expenses | $96M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $41M |
| Interest Income | $129M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $53M |
| SG&A Expenses | $56M |
| Other Expenses | $40M |
| Operating Expenses | $96M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $41M |
| Interest Income | $129M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $257.0K |
| Other Non-Cash Items | -$97M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$55M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$247M |
| Sales/Maturities of Investments | $281M |
| Other Investing Activities | -$238M |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $324M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | $273M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272M |
| Short-Term Investments | $1.6B |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $172M |
| Goodwill | $339M |
| Intangible Assets | $33M |
| Long-Term Investments | $9.0B |
| Tax Assets | $75M |
| Other Non-Current Assets | $312M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $0 |
| Short-Term Debt | $119M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.5B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $654M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $695M |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $773M |
| Net Debt | $501M |
