| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $352M | $346M | $329M | 1.7% | 6.8% |
| Op. Income | $101M | $88M | $89M | 13.8% | 12.8% |
| Gross Margin | 52.6% | 51.0% | 50.9% | 1.6pp | 1.6pp |
| Net Margin | 24.0% | 19.9% | 21.4% | 4.1pp | 2.6pp |
| EPS (Diluted) | $2.17 | $1.77 | $1.77 | 22.6% | 22.6% |
| Free Cash Flow | $37M | $91M | $55M | -59.6% | -33.4% |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $84M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $101M |
| Interest Income | $241.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $14M |
| EBIT | $101M |
| EBITDA | $115M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $84M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $101M |
| Interest Income | $241.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $14M |
| EBIT | $101M |
| EBITDA | $115M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$689.0K |
| Other Non-Cash Items | $181.0K |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $27M |
| Net Receivables | $160M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $102M |
| Goodwill | $695M |
| Intangible Assets | $141M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $975M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $60M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $157M |
| Long-Term Debt | $575M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $668M |
| TOTAL LIABILITIES | $825M |
| Common Stock | $394.0K |
| Additional Paid-In Capital | $694M |
| Retained Earnings | $184M |
| Treasury Stock | -$278M |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $541M |
| Minority Interest | $0 |
| TOTAL EQUITY | $541M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $575M |
| Net Debt | $404M |
