| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $166M | $143M | -1.3% | 14.7% |
| Op. Income | $53M | $52M | $47M | 1.5% | 12.8% |
| Gross Margin | 88.8% | 91.4% | 93.1% | -2.6pp | -4.2pp |
| Net Margin | 25.4% | 24.4% | 25.7% | 1.0pp | -0.3pp |
| EPS (Diluted) | $0.69 | $0.67 | $0.65 | 3.0% | 6.2% |
| Free Cash Flow | $45M | $43M | $61M | 6.3% | -25.6% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $42M |
| Operating Expenses | $93M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $53M |
| Interest Income | $131M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $53M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $42M |
| Operating Expenses | $93M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $53M |
| Interest Income | $131M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $53M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $175M |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $94M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $955M |
| Short-Term Investments | $2.6B |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $298M |
| Goodwill | $546M |
| Intangible Assets | $83M |
| Long-Term Investments | $8.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $460M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $153M |
| Short-Term Debt | $673M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $867M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $875M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $775M |
| Net Debt | -$180M |
