| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $229M | $201M | 0.0% | 14.1% |
| Op. Income | $177M | $174M | $150M | 1.3% | 18.0% |
| Gross Margin | 96.5% | 95.2% | 96.5% | 1.3pp | 0.0pp |
| Net Margin | 65.3% | 64.2% | 63.7% | 1.1pp | 1.6pp |
| EPS (Diluted) | $1.52 | $1.49 | $1.30 | 2.0% | 16.9% |
| Free Cash Flow | $163M | $164M | $138M | -0.9% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $19M |
| Operating Expenses | $44M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $177M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $177M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $878.0K |
| EBIT | $179M |
| EBITDA | $180M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $19M |
| Operating Expenses | $44M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $177M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $177M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $878.0K |
| EBIT | $179M |
| EBITDA | $180M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $878.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$466.0K |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$575M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$381M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $178M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $3.7B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | -$4.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $424M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$483M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $424M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $260M |
| Other Non-Current Liabilities | -$684M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $849M |
| Net Debt | $818M |
