| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $273M | $240M | 31.9% | 50.3% |
| Op. Income | $157M | $63M | $67M | 150.7% | 136.4% |
| Gross Margin | 53.2% | 36.4% | 40.7% | 16.8pp | 12.5pp |
| Net Margin | 103.8% | 19.2% | 40.5% | 84.6pp | 63.3pp |
| EPS (Diluted) | $7.11 | $1.00 | $1.83 | 611.0% | 288.5% |
| Free Cash Flow | $108M | $78M | $61M | 37.8% | 75.2% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $116M |
| Operating Expenses | $33M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $157M |
| Interest Income | $371.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | -$226M |
| Net Income from Continuing Ops | $374M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $374M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $374M |
| D&A | $25M |
| EBIT | $157M |
| EBITDA | $157M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $116M |
| Operating Expenses | $33M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $157M |
| Interest Income | $371.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | -$226M |
| Net Income from Continuing Ops | $374M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $374M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $374M |
| D&A | $25M |
| EBIT | $157M |
| EBITDA | $157M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $374M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $807.0K |
| Deferred Income Tax | -$223M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $504.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $18M |
| Net Receivables | $140M |
| Inventory | $57M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $469M |
| PP&E (Net) | $661M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $223M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $926M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $34M |
| Short-Term Debt | $760.0K |
| Deferred Revenue | $223M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $468M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $558M |
| TOTAL LIABILITIES | $682M |
| Common Stock | $533.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | $510M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$208M |
| Other Equity | $208M |
| TOTAL STOCKHOLDERS' EQUITY | $713M |
| Minority Interest | $0 |
| TOTAL EQUITY | $713M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $469M |
| Net Debt | $263M |
