| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238M | $221M | $221M | 7.6% | 7.5% |
| Op. Income | $4M | $8M | $15M | -54.5% | -75.6% |
| Gross Margin | 51.0% | 54.0% | 53.3% | -2.9pp | -2.3pp |
| Net Margin | 0.6% | 2.1% | 4.2% | -1.5pp | -3.7pp |
| EPS (Diluted) | $0.03 | $0.09 | $0.19 | -66.7% | -84.2% |
| Free Cash Flow | $58M | $63M | $51M | -6.5% | 15.2% |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $121M |
| R&D Expenses | $47M |
| Selling & Marketing | $61M |
| General & Administrative | $28M |
| SG&A Expenses | $89M |
| Other Expenses | -$18M |
| Operating Expenses | $118M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $4M |
| Interest Income | $376.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $995.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $301M |
| NET CASH FROM FINANCING | $256M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $305M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $545M |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $140M |
| Goodwill | $634M |
| Intangible Assets | $419M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $48M |
| Short-Term Debt | $8M |
| Deferred Revenue | $314M |
| Other Current Liabilities | $546M |
| TOTAL CURRENT LIABILITIES | $989M |
| Long-Term Debt | $460M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $607M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $60.0K |
| Additional Paid-In Capital | $458M |
| Retained Earnings | $235M |
| Treasury Stock | -$291M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $563M |
| Net Debt | $531M |
