| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $175M | $164M | -2.6% | 4.2% |
| Op. Income | $38M | $69M | $53M | -45.6% | -29.2% |
| Gross Margin | 77.7% | 91.1% | 88.8% | -13.4pp | -11.2pp |
| Net Margin | 17.2% | 29.9% | 25.4% | -12.7pp | -8.2pp |
| EPS (Diluted) | $0.45 | $0.80 | $0.69 | -43.8% | -34.8% |
| Free Cash Flow | $36M | $64M | $45M | -43.3% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $39M |
| Operating Expenses | $95M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $38M |
| Interest Income | $132M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $10M |
| EBIT | $38M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $39M |
| Operating Expenses | $95M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $38M |
| Interest Income | $132M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $10M |
| EBIT | $38M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$419M |
| Sales/Maturities of Investments | $440M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | -$182M |
| NET CASH FROM FINANCING | -$275M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $869M |
| Short-Term Investments | $3.0B |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $309M |
| Goodwill | $622M |
| Intangible Assets | $87M |
| Long-Term Investments | $9.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $525M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $149M |
| Short-Term Debt | $614M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $898M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $715M |
| Net Debt | -$154M |
