| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $124M | $109M | 2.8% | 16.8% |
| Op. Income | $48M | $50M | $40M | -3.9% | 20.4% |
| Gross Margin | 82.5% | 84.1% | 87.8% | -1.7pp | -5.3pp |
| Net Margin | 32.6% | 33.1% | 22.3% | -0.4pp | 10.3pp |
| EPS (Diluted) | $0.85 | $0.83 | $0.49 | 2.4% | 73.5% |
| Free Cash Flow | $44M | $54M | $47M | -19.0% | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $22M |
| Operating Expenses | $58M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $48M |
| Interest Income | $109M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $6M |
| 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 | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $22M |
| Operating Expenses | $58M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $48M |
| Interest Income | $109M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $6M |
| 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 | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$226.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | -$101M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $122M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $1.1B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $93M |
| Goodwill | $445M |
| Intangible Assets | $24M |
| Long-Term Investments | $7.6B |
| Tax Assets | $24M |
| Other Non-Current Assets | $299M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $6M |
| Short-Term Debt | $218M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $453M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $499M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $6M |
| Additional Paid-In Capital | $840M |
| Retained Earnings | $583M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $671M |
| Net Debt | $495M |
