| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $245M | $217M | -10.1% | 1.2% |
| Op. Income | $40M | $60M | $47M | -32.9% | -14.4% |
| Gross Margin | 36.7% | 36.5% | 33.1% | 0.3pp | 3.6pp |
| Net Margin | 13.5% | 15.6% | 18.0% | -2.1pp | -4.6pp |
| EPS (Diluted) | $0.45 | $0.58 | $0.59 | -22.4% | -23.7% |
| Free Cash Flow | -$120M | $108M | -$64M | -210.7% | -87.0% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $21M |
| Operating Expenses | $41M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $40M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $21M |
| Operating Expenses | $41M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $40M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $594.0K |
| Other Non-Cash Items | -$335.0K |
| Change in Working Capital | -$170M |
| OPERATING CASH FLOW | -$119M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$71M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | -$30.0K |
| NET CASH FROM INVESTING | $121M |
| Net Debt Issuance | -$140.0K |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$97M |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | -$120M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $16M |
| Net Receivables | $126M |
| Inventory | $0 |
| Other Current Assets | $366.0K |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $32M |
| Goodwill | $597M |
| Intangible Assets | $205M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $861M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $41M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $279M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | -$10M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $328M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $644M |
| Retained Earnings | $202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $819M |
| Minority Interest | $0 |
| TOTAL EQUITY | $819M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $12M |
| Net Debt | -$132M |
