| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $251M | $247M | 1.3% | 3.0% |
| Op. Income | $30M | $33M | $29M | -9.5% | 2.8% |
| Gross Margin | 48.2% | 47.5% | 47.4% | 0.8pp | 0.9pp |
| Net Margin | 8.9% | 8.6% | 8.5% | 0.3pp | 0.4pp |
| EPS (Diluted) | $0.70 | $0.66 | $0.64 | 6.1% | 9.4% |
| Free Cash Flow | $34M | $69M | $57M | -51.0% | -40.5% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $123M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $7M |
| Operating Expenses | $93M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $30M |
| Interest Income | $457.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $123M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $7M |
| Operating Expenses | $93M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $30M |
| Interest Income | $457.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $714.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $26M |
| Net Receivables | $282M |
| Inventory | $0 |
| Other Current Assets | $205M |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $179M |
| Goodwill | $259M |
| Intangible Assets | $138M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $614M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $33M |
| Short-Term Debt | $10M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $267M |
| TOTAL CURRENT LIABILITIES | $419M |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $468M |
| TOTAL LIABILITIES | $886M |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $455M |
| Retained Earnings | $849M |
| Treasury Stock | -$868M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $458M |
| Net Debt | $302M |
