| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $178M | $107M | 2.8% | 71.1% |
| Op. Income | $67M | $64M | $11M | 5.2% | 491.0% |
| Gross Margin | 82.1% | 83.7% | 88.1% | -1.6pp | -6.0pp |
| Net Margin | 30.1% | 28.5% | 23.2% | 1.6pp | 6.9pp |
| EPS (Diluted) | $0.56 | $0.51 | $0.40 | 9.8% | 40.0% |
| Free Cash Flow | $84M | $58M | $26M | 45.0% | 218.2% |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $59M |
| SG&A Expenses | $61M |
| Other Expenses | $23M |
| Operating Expenses | $83M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $67M |
| Interest Income | $153M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $7M |
| EBIT | $67M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $59M |
| SG&A Expenses | $61M |
| Other Expenses | $23M |
| Operating Expenses | $83M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $67M |
| Interest Income | $153M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $7M |
| EBIT | $67M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $448.0K |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$46.0K |
| Purchases of Investments | -$317M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | -$254M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $388M |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $2.8B |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $216M |
| Goodwill | $880M |
| Intangible Assets | $41M |
| Long-Term Investments | $9.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $480M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $157M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $11.3B |
| Long-Term Debt | $571M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $571M |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $600M |
| Treasury Stock | -$111M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
