| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $150M | $128M | -0.3% | 17.3% |
| Op. Income | $38M | $56M | $46M | -32.7% | -17.5% |
| Gross Margin | 69.5% | 80.9% | 80.3% | -11.4pp | -10.8pp |
| Net Margin | 22.9% | 31.9% | 30.4% | -9.0pp | -7.5pp |
| EPS (Diluted) | $0.62 | $0.87 | $0.78 | -28.7% | -20.5% |
| Free Cash Flow | $71M | $42M | $52M | 70.7% | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $24M |
| Operating Expenses | $66M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $38M |
| Interest Income | $120M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $24M |
| Operating Expenses | $66M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $38M |
| Interest Income | $120M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$214M |
| Sales/Maturities of Investments | $192M |
| Other Investing Activities | -$167M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $1.8B |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $114M |
| Goodwill | $544M |
| Intangible Assets | $33M |
| Long-Term Investments | $9.4B |
| Tax Assets | $9M |
| Other Non-Current Assets | $474M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $8M |
| Short-Term Debt | $230M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $10.1B |
| Long-Term Debt | $610M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $197M |
| TOTAL NON-CURRENT LIABILITIES | $807M |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $717M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $840M |
| Net Debt | $579M |
