| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $97M | $91M | 13.4% | 21.0% |
| Op. Income | $35M | $34M | $30M | 2.6% | 16.1% |
| Gross Margin | 83.7% | 85.4% | 89.2% | -1.7pp | -5.5pp |
| Net Margin | 23.1% | 26.0% | 24.1% | -2.9pp | -0.9pp |
| EPS (Diluted) | $0.48 | $0.51 | $0.45 | -5.9% | 6.7% |
| Free Cash Flow | $35M | $54M | $89M | -35.1% | -60.5% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $25M |
| Operating Expenses | $57M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $35M |
| Interest Income | $84M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $25M |
| Operating Expenses | $57M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $35M |
| Interest Income | $84M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$125M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | $103M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $330M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $159M |
| Goodwill | $314M |
| Intangible Assets | $63M |
| Long-Term Investments | $6.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $0 |
| Short-Term Debt | $248M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $259M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $340M |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$57M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $518M |
| Net Debt | $188M |
