| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $365M | $346M | -0.1% | 5.3% |
| Op. Income | $112M | $117M | $88M | -4.8% | 26.3% |
| Gross Margin | 54.0% | 55.1% | 51.0% | -1.1pp | 3.0pp |
| Net Margin | 25.1% | 25.3% | 19.9% | -0.2pp | 5.2pp |
| EPS (Diluted) | $2.34 | $2.37 | $1.77 | -1.3% | 32.2% |
| Free Cash Flow | $95M | $148M | $91M | -35.7% | 4.6% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $85M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $112M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $17M |
| EBIT | $112M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $85M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $112M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $17M |
| EBIT | $112M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$62M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $360M |
| Short-Term Investments | $26M |
| Net Receivables | $146M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $121M |
| Goodwill | $686M |
| Intangible Assets | $121M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $965M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $76M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $219M |
| Long-Term Debt | $574M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $669M |
| TOTAL LIABILITIES | $888M |
| Common Stock | $401.0K |
| Additional Paid-In Capital | $807M |
| Retained Earnings | $373M |
| Treasury Stock | -$434M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672M |
| Minority Interest | $0 |
| TOTAL EQUITY | $672M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $574M |
| Net Debt | $214M |
