| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $340M | $327M | 1.8% | 5.9% |
| Op. Income | $88M | $93M | $82M | -5.3% | 7.2% |
| Gross Margin | 51.0% | 51.4% | 50.6% | -0.4pp | 0.4pp |
| Net Margin | 19.9% | 22.0% | 18.2% | -2.1pp | 1.7pp |
| EPS (Diluted) | $1.77 | $1.91 | $1.52 | -7.3% | 16.4% |
| Free Cash Flow | $91M | $120M | $89M | -23.8% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | -$1.0K |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $88M |
| Interest Income | $179.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $14M |
| EBIT | $88M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | -$1.0K |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $88M |
| Interest Income | $179.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $14M |
| EBIT | $88M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $123.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $29M |
| Net Receivables | $157M |
| Inventory | $6M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $431M |
| PP&E (Net) | $101M |
| Goodwill | $702M |
| Intangible Assets | $149M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $989M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $221M |
| Long-Term Debt | $575M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $672M |
| TOTAL LIABILITIES | $894M |
| Common Stock | $393.0K |
| Additional Paid-In Capital | $668M |
| Retained Earnings | $123M |
| Treasury Stock | -$213M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $526M |
| Minority Interest | $0 |
| TOTAL EQUITY | $526M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $575M |
| Net Debt | $366M |
