| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $154M | $122M | -1.7% | 24.2% |
| Op. Income | $61M | $60M | $46M | 1.8% | 32.3% |
| Gross Margin | 92.9% | 92.0% | 91.8% | 1.0pp | 1.1pp |
| Net Margin | 32.8% | 32.1% | 12.3% | 0.7pp | 20.5pp |
| EPS (Diluted) | $0.59 | $0.58 | $0.19 | 1.7% | 210.5% |
| Free Cash Flow | $109M | $66M | $74M | 65.5% | 47.0% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $52M |
| SG&A Expenses | $54M |
| Other Expenses | $25M |
| Operating Expenses | $79M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $61M |
| Interest Income | $125M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| 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 | $52M |
| SG&A Expenses | $54M |
| Other Expenses | $25M |
| Operating Expenses | $79M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $61M |
| Interest Income | $125M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $6M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $599.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$303M |
| Sales/Maturities of Investments | $137M |
| Other Investing Activities | -$171M |
| NET CASH FROM INVESTING | -$342M |
| Net Debt Issuance | $289M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$120M |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $2.6B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $242M |
| Goodwill | $290M |
| Intangible Assets | $49M |
| Long-Term Investments | $8.5B |
| Tax Assets | $24M |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $4M |
| Short-Term Debt | $396M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.5B |
| TOTAL CURRENT LIABILITIES | $9.9B |
| Long-Term Debt | $589M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $705M |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $845.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $473M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $985M |
| Net Debt | $781M |
