| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $183M | $107M | -2.4% | 66.4% |
| Op. Income | $56M | $67M | $38M | -16.5% | 46.1% |
| Gross Margin | 75.2% | 82.1% | 84.3% | -6.9pp | -9.1pp |
| Net Margin | 25.7% | 30.1% | 28.4% | -4.4pp | -2.8pp |
| EPS (Diluted) | $0.47 | $0.56 | $0.49 | -16.1% | -4.1% |
| Free Cash Flow | $37M | $84M | $47M | -56.3% | -22.4% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $22M |
| Operating Expenses | $78M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $56M |
| Interest Income | $152M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $6M |
| EBIT | $56M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $22M |
| Operating Expenses | $78M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $56M |
| Interest Income | $152M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $6M |
| EBIT | $56M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$143M |
| Sales/Maturities of Investments | $98M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $3.1B |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $211M |
| Goodwill | $880M |
| Intangible Assets | $39M |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $578M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $216M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $546M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $626M |
| Treasury Stock | -$99M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
