| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | $244M | $320M | 39.6% | 6.3% |
| Op. Income | $81M | $8M | $82M | 902.0% | -0.4% |
| Gross Margin | 66.4% | 58.9% | 67.5% | 7.4pp | -1.1pp |
| Net Margin | 18.8% | 5.8% | 21.9% | 13.0pp | -3.1pp |
| EPS (Diluted) | $1.17 | $0.26 | $1.29 | 350.0% | -9.3% |
| Free Cash Flow | $96M | $19M | $75M | 403.6% | 27.3% |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $99M |
| General & Administrative | $47M |
| SG&A Expenses | $146M |
| Other Expenses | -$1M |
| Operating Expenses | $145M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $81M |
| Interest Income | $11M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $19M |
| EBIT | $80M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $99M |
| General & Administrative | $47M |
| SG&A Expenses | $146M |
| Other Expenses | -$1M |
| Operating Expenses | $145M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $81M |
| Interest Income | $11M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $19M |
| EBIT | $80M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $571M |
| NET CASH FROM FINANCING | $511M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $586M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $20M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $393M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $142M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $206M |
| Tax Assets | $11M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $943M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $47M |
| Short-Term Debt | $1M |
| Deferred Revenue | $214M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $384M |
| Retained Earnings | $593M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $979M |
| Minority Interest | $0 |
| TOTAL EQUITY | $979M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $23M |
| Net Debt | -$1.7B |
