| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $128M | $113M | -0.2% | 12.7% |
| Op. Income | $46M | $48M | $43M | -4.0% | 5.7% |
| Gross Margin | 80.3% | 82.5% | 85.7% | -2.2pp | -5.4pp |
| Net Margin | 30.4% | 32.6% | 32.4% | -2.2pp | -2.0pp |
| EPS (Diluted) | $0.78 | $0.85 | $0.74 | -8.2% | 5.4% |
| Free Cash Flow | $52M | $44M | $31M | 17.8% | 67.6% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $22M |
| Operating Expenses | $57M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $46M |
| Interest Income | $109M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $7M |
| 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 | $2M |
| EBIT | $46M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $22M |
| Operating Expenses | $57M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $46M |
| Interest Income | $109M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $7M |
| 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 | $2M |
| EBIT | $46M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $981.0K |
| Deferred Income Tax | $740.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $667.0K |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$264M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | -$301M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $294M |
| NET CASH FROM FINANCING | $226M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $1.2B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $92M |
| Goodwill | $445M |
| Intangible Assets | $23M |
| Long-Term Investments | $7.8B |
| Tax Assets | $16M |
| Other Non-Current Assets | $323M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $7M |
| Short-Term Debt | $132M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.0B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $484M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $568M |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $840M |
| Retained Earnings | $611M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $615M |
| Net Debt | $429M |
