| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $156M | $147M | 0.9% | 7.2% |
| Op. Income | $52M | $50M | $51M | 4.1% | 0.5% |
| Gross Margin | 93.5% | 94.1% | 94.9% | -0.6pp | -1.3pp |
| Net Margin | 27.3% | 25.2% | 27.8% | 2.1pp | -0.6pp |
| EPS (Diluted) | $0.82 | $0.75 | $0.78 | 9.3% | 5.1% |
| Free Cash Flow | $73M | $38M | $51M | 91.7% | 42.6% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $67M |
| SG&A Expenses | $70M |
| Other Expenses | $25M |
| Operating Expenses | $95M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $52M |
| Interest Income | $100M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $8M |
| EBIT | $52M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $67M |
| SG&A Expenses | $70M |
| Other Expenses | $25M |
| Operating Expenses | $95M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $52M |
| Interest Income | $100M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $8M |
| EBIT | $52M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$661.0K |
| Acquisitions (Net) | -$295.0K |
| Purchases of Investments | -$724M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$709M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | -$73.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$173M |
| NET CASH FROM FINANCING | -$174M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$809M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $3.0B |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $165M |
| Goodwill | $774M |
| Intangible Assets | $63M |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $281M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $215M |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $52M |
| Additional Paid-In Capital | $927M |
| Retained Earnings | $883M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $345M |
| Net Debt | $140M |
