| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $151M | $126M | 0.2% | 19.7% |
| Op. Income | $61M | $61M | $47M | -0.7% | 29.5% |
| Gross Margin | 92.8% | 92.9% | 93.2% | -0.2pp | -0.5pp |
| Net Margin | 32.5% | 32.8% | 30.5% | -0.4pp | 2.0pp |
| EPS (Diluted) | $0.58 | $0.59 | $0.48 | -1.7% | 20.8% |
| Free Cash Flow | $42M | $109M | $42M | -60.8% | 0.3% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $54M |
| SG&A Expenses | $56M |
| Other Expenses | $23M |
| Operating Expenses | $80M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $61M |
| Interest Income | $126M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $6M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $54M |
| SG&A Expenses | $56M |
| Other Expenses | $23M |
| Operating Expenses | $80M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $61M |
| Interest Income | $126M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $6M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$340M |
| Sales/Maturities of Investments | $459M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | $77M |
| Net Debt Issuance | -$286M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $187M |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $2.5B |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $278M |
| Goodwill | $290M |
| Intangible Assets | $48M |
| Long-Term Investments | $8.5B |
| Tax Assets | $13M |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $5M |
| Short-Term Debt | $490M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $10.1B |
| Long-Term Debt | $303M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $440M |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $846.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $475M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $793M |
| Net Debt | $591M |
