| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $860M | $701M | $661M | 22.7% | 30.1% |
| Op. Income | $161M | $57M | $161M | 185.1% | 0.2% |
| Gross Margin | 57.3% | 57.3% | 59.1% | -0.0pp | -1.9pp |
| Net Margin | 14.3% | 9.3% | 24.0% | 5.0pp | -9.6pp |
| EPS (Diluted) | $0.77 | $0.41 | $1.00 | 87.8% | -23.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $860M |
| Cost of Revenue | $367M |
| GROSS PROFIT | $492M |
| R&D Expenses | $0 |
| Selling & Marketing | $99M |
| General & Administrative | $234M |
| SG&A Expenses | $333M |
| Other Expenses | $0 |
| Operating Expenses | $333M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $20M |
| EBIT | $159M |
| EBITDA | $179M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $860M |
| Cost of Revenue | $367M |
| GROSS PROFIT | $492M |
| R&D Expenses | $0 |
| Selling & Marketing | $99M |
| General & Administrative | $234M |
| SG&A Expenses | $333M |
| Other Expenses | $0 |
| Operating Expenses | $333M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $20M |
| EBIT | $159M |
| EBITDA | $179M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$137M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $833M |
| Short-Term Investments | $1.8B |
| Net Receivables | $19M |
| Inventory | $36M |
| Other Current Assets | $47.0K |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $474M |
| Goodwill | $30M |
| Intangible Assets | $21M |
| Long-Term Investments | $418M |
| Tax Assets | $45M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $207M |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2.0B |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $15M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $0 |
| Net Debt | -$833M |
