| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $147M | $144M | -0.3% | 2.2% |
| Op. Income | $51M | $55M | $48M | -5.6% | 8.2% |
| Gross Margin | 94.9% | 95.3% | 93.7% | -0.4pp | 1.1pp |
| Net Margin | 27.8% | 29.3% | 50.2% | -1.5pp | -22.3pp |
| EPS (Diluted) | $0.78 | $0.83 | $1.40 | -6.0% | -44.3% |
| Free Cash Flow | $51M | $51M | $48M | -0.5% | 7.1% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $62M |
| SG&A Expenses | $64M |
| Other Expenses | $24M |
| Operating Expenses | $88M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $51M |
| Interest Income | $92M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $62M |
| SG&A Expenses | $64M |
| Other Expenses | $24M |
| Operating Expenses | $88M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $51M |
| Interest Income | $92M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$78.0K |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$141M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $2.9B |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $120M |
| Goodwill | $734M |
| Intangible Assets | $74M |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $263M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $157M |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $52M |
| Additional Paid-In Capital | $912M |
| Retained Earnings | $796M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $414M |
| Net Debt | $202M |
