| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $168M | $149M | 0.4% | 13.2% |
| Op. Income | $60M | $49M | $26M | 23.1% | 127.0% |
| Gross Margin | 80.9% | 78.2% | 66.1% | 2.7pp | 14.8pp |
| Net Margin | 60.1% | 21.7% | 16.3% | 38.4pp | 43.8pp |
| EPS (Diluted) | $0.46 | $0.16 | $0.11 | 187.5% | 318.2% |
| Free Cash Flow | $70M | $50M | $40M | 40.9% | 77.4% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $55M |
| Other Expenses | $22M |
| Operating Expenses | $76M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $60M |
| Interest Income | $162M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $5M |
| EBIT | $60M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $55M |
| Other Expenses | $22M |
| Operating Expenses | $76M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $60M |
| Interest Income | $162M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $5M |
| EBIT | $60M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $904.0K |
| Deferred Income Tax | -$48M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $124M |
| Other Investing Activities | -$167M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$105M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $579M |
| Short-Term Investments | $1.8B |
| Net Receivables | $384M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $148M |
| Goodwill | $28M |
| Intangible Assets | $38M |
| Long-Term Investments | $8.6B |
| Tax Assets | $320M |
| Other Non-Current Assets | $485M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $130M |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $924M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $924M |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $22M |
| Additional Paid-In Capital | $940M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$455.0K |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $1.1B |
| Net Debt | $495M |
