| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $191M | $188M | -0.8% | 0.9% |
| Op. Income | $42M | $74M | $72M | -42.8% | -41.8% |
| Gross Margin | 72.3% | 86.4% | 87.3% | -14.1pp | -15.1pp |
| Net Margin | 18.3% | 30.4% | 31.3% | -12.1pp | -13.0pp |
| EPS (Diluted) | $0.87 | $1.45 | $1.43 | -40.0% | -39.2% |
| Free Cash Flow | -$17M | $68M | $6M | -125.7% | -415.5% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $37M |
| Operating Expenses | $95M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $42M |
| Interest Income | $145M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $8M |
| EBIT | $42M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $37M |
| Operating Expenses | $95M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $42M |
| Interest Income | $145M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $8M |
| EBIT | $42M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $58M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$440M |
| Sales/Maturities of Investments | $467M |
| Other Investing Activities | -$365M |
| NET CASH FROM INVESTING | -$351M |
| Net Debt Issuance | $124M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $271M |
| NET CASH FROM FINANCING | $354M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $460M |
| Short-Term Investments | $2.7B |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $295M |
| Goodwill | $32M |
| Intangible Assets | $23M |
| Long-Term Investments | $14.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $18.5B |
| Account Payables | $8M |
| Short-Term Debt | $803M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.1B |
| TOTAL CURRENT LIABILITIES | $16.9B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $348M |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $579.0K |
| Additional Paid-In Capital | $584M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $18.5B |
| Total Debt | $970M |
| Net Debt | $510M |
