| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $169M | $151M | 1.1% | 13.2% |
| Op. Income | $70M | $64M | $61M | 9.1% | 13.7% |
| Gross Margin | 94.8% | 93.5% | 92.9% | 1.3pp | 1.9pp |
| Net Margin | 33.6% | 30.5% | 32.8% | 3.0pp | 0.7pp |
| EPS (Diluted) | $0.62 | $0.57 | $0.59 | 8.8% | 5.1% |
| Free Cash Flow | $110M | $26M | $109M | 316.8% | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $57M |
| SG&A Expenses | $60M |
| Other Expenses | $33M |
| Operating Expenses | $92M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $70M |
| Interest Income | $145M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $7M |
| EBIT | $70M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $57M |
| SG&A Expenses | $60M |
| Other Expenses | $33M |
| Operating Expenses | $92M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $70M |
| Interest Income | $145M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $7M |
| EBIT | $70M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $921.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$1.0K |
| Purchases of Investments | -$397M |
| Sales/Maturities of Investments | $268M |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$53M |
| Other Financing Activities | -$79M |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $110M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $331M |
| Short-Term Investments | $2.6B |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $310M |
| Goodwill | $456M |
| Intangible Assets | $63M |
| Long-Term Investments | $9.7B |
| Tax Assets | $2M |
| Other Non-Current Assets | $196M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $5M |
| Short-Term Debt | $570M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $372M |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $923.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $541M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $777M |
| Net Debt | $446M |
