| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | $317M | $297M | 7.2% | 14.1% |
| Op. Income | $195M | $208M | $203M | -6.1% | -3.9% |
| Gross Margin | 87.9% | 90.3% | 93.4% | -2.4pp | -5.5pp |
| Net Margin | 49.5% | 55.6% | 59.0% | -6.2pp | -9.5pp |
| EPS (Diluted) | $1.58 | $1.65 | $1.64 | -4.2% | -3.7% |
| Free Cash Flow | $216M | $229M | $213M | -5.6% | 1.3% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $69M |
| Operating Expenses | $103M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $195M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $1M |
| EBIT | $203M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $69M |
| Operating Expenses | $103M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $195M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $1M |
| EBIT | $203M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$452M |
| Sales/Maturities of Investments | $364M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | -$894.0K |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $5.9B |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | -$6.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $42M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$177M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $392M |
| Other Non-Current Liabilities | -$886M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$304M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $494M |
| Net Debt | $362M |
