| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181M | $168M | $166M | 7.6% | 9.0% |
| Op. Income | $61M | $60M | $41M | 1.7% | 49.0% |
| Gross Margin | 79.2% | 80.9% | 72.8% | -1.7pp | 6.4pp |
| Net Margin | 23.9% | 60.1% | 19.9% | -36.2pp | 4.0pp |
| EPS (Diluted) | $0.20 | $0.46 | $0.15 | -56.5% | 33.3% |
| Free Cash Flow | $79M | $70M | $90M | 12.6% | -12.5% |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $43M |
| SG&A Expenses | $46M |
| Other Expenses | $36M |
| Operating Expenses | $82M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $61M |
| Interest Income | $166M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $5M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $43M |
| SG&A Expenses | $46M |
| Other Expenses | $36M |
| Operating Expenses | $82M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $61M |
| Interest Income | $166M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $5M |
| EBIT | $61M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | -$159M |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $84M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $582M |
| Short-Term Investments | $1.8B |
| Net Receivables | $403M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $147M |
| Goodwill | $28M |
| Intangible Assets | $37M |
| Long-Term Investments | $8.7B |
| Tax Assets | $306M |
| Other Non-Current Assets | $467M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $181M |
| Short-Term Debt | $305M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $719M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $719M |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $22M |
| Additional Paid-In Capital | $939M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$472.0K |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $1.0B |
| Net Debt | $442M |
