| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $193M | $170M | -10.2% | 2.3% |
| Op. Income | $30M | $45M | $35M | -33.4% | -12.9% |
| Gross Margin | 73.3% | 72.7% | 76.3% | 0.7pp | -3.0pp |
| Net Margin | 19.1% | 23.5% | 21.9% | -4.4pp | -2.9pp |
| EPS (Diluted) | $0.19 | $0.26 | $0.21 | -26.9% | -9.5% |
| Free Cash Flow | $56M | $62M | $42M | -9.4% | 35.3% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $127M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $6M |
| EBIT | $30M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $127M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $6M |
| EBIT | $30M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$40.0K |
| Purchases of Investments | -$259M |
| Sales/Maturities of Investments | $194M |
| Other Investing Activities | $40.0K |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $441M |
| Net Receivables | $117M |
| Inventory | $79M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $773M |
| PP&E (Net) | $109M |
| Goodwill | $113M |
| Intangible Assets | $9M |
| Long-Term Investments | $317M |
| Tax Assets | $29M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $581M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $165M |
| Common Stock | $343.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | $671M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $17M |
| Net Debt | -$88M |
