| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $170M | $173M | -1.5% | -3.6% |
| Op. Income | $21M | $18M | $30M | 19.0% | -30.5% |
| Gross Margin | 75.4% | 73.6% | 73.3% | 1.8pp | 2.0pp |
| Net Margin | 12.2% | 47.3% | 19.1% | -35.1pp | -6.8pp |
| EPS (Diluted) | $0.12 | $0.46 | $0.19 | -73.9% | -36.8% |
| Free Cash Flow | $59M | $60M | $56M | -1.2% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $126M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $7M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $126M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $7M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$517.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $262M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $159M |
| Net Receivables | $106M |
| Inventory | $55M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $595M |
| PP&E (Net) | $104M |
| Goodwill | $242M |
| Intangible Assets | $38M |
| Long-Term Investments | $447M |
| Tax Assets | $450M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $342M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $407M |
| TOTAL LIABILITIES | $558M |
| Common Stock | $344.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | $713M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $18M |
| Net Debt | -$221M |
