| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $147M | $146M | 1.2% | 1.7% |
| Op. Income | $51M | $51M | $52M | -0.0% | -1.2% |
| Gross Margin | 94.4% | 94.9% | 94.9% | -0.4pp | -0.4pp |
| Net Margin | 28.3% | 27.8% | 27.5% | 0.4pp | 0.8pp |
| EPS (Diluted) | $0.80 | $0.78 | $0.78 | 2.6% | 2.6% |
| Free Cash Flow | $33M | $51M | $59M | -34.7% | -43.8% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $63M |
| SG&A Expenses | $66M |
| Other Expenses | $23M |
| Operating Expenses | $89M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $51M |
| Interest Income | $93M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $63M |
| SG&A Expenses | $66M |
| Other Expenses | $23M |
| Operating Expenses | $89M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $51M |
| Interest Income | $93M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $78.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | -$923.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $294M |
| NET CASH FROM FINANCING | $211M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $297M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $508M |
| Short-Term Investments | $2.9B |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $152M |
| Goodwill | $734M |
| Intangible Assets | $71M |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $270M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $190M |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.6B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $52M |
| Additional Paid-In Capital | $914M |
| Retained Earnings | $818M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $350M |
| Net Debt | -$159M |
