| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $186M | $168M | -3.2% | 7.3% |
| Op. Income | $54M | $66M | $60M | -18.4% | -10.6% |
| Gross Margin | 80.2% | 81.1% | 80.9% | -0.9pp | -0.7pp |
| Net Margin | 20.2% | 24.9% | 60.1% | -4.7pp | -39.9pp |
| EPS (Diluted) | $0.16 | $0.21 | $0.46 | -23.8% | -65.2% |
| Free Cash Flow | $53M | $72M | $70M | -25.7% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $54M |
| Other Expenses | $37M |
| Operating Expenses | $91M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $54M |
| Interest Income | $168M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $54M |
| Other Expenses | $37M |
| Operating Expenses | $91M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $54M |
| Interest Income | $168M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $952.0K |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$531M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$424M |
| Net Debt Issuance | -$220M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $265M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$332M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547M |
| Short-Term Investments | $2.1B |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $150M |
| Goodwill | $28M |
| Intangible Assets | $8M |
| Long-Term Investments | $9.1B |
| Tax Assets | $265M |
| Other Non-Current Assets | $410M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $181M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.3B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $754M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $754M |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $22M |
| Additional Paid-In Capital | $942M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$474.0K |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $854M |
| Net Debt | $307M |
