| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $200M | $213M | 0.3% | -5.7% |
| Op. Income | $50M | $91M | $94M | -44.8% | -46.5% |
| Gross Margin | 69.6% | 86.6% | 84.4% | -17.0pp | -14.8pp |
| Net Margin | 19.4% | 33.9% | 32.8% | -14.5pp | -13.5pp |
| EPS (Diluted) | $0.30 | $0.52 | $0.52 | -42.3% | -42.3% |
| Free Cash Flow | -$67M | $118M | $54M | -156.2% | -223.7% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $43M |
| Operating Expenses | $89M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $50M |
| Interest Income | $159M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $17M |
| EBIT | $50M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $43M |
| Operating Expenses | $89M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $50M |
| Interest Income | $159M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $17M |
| EBIT | $50M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$150M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$282M |
| Sales/Maturities of Investments | $346M |
| Other Investing Activities | -$174M |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $574M |
| NET CASH FROM FINANCING | $535M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | $359M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $4.1B |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $321M |
| Goodwill | $995M |
| Intangible Assets | $12M |
| Long-Term Investments | $13.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $15.6B |
| TOTAL ASSETS | $20.8B |
| Account Payables | $0 |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.0B |
| TOTAL CURRENT LIABILITIES | $17.8B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $271M |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $429M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $20.8B |
| Total Debt | $1.0B |
| Net Debt | -$53M |
