| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $259M | $257M | -5.5% | -4.8% |
| Op. Income | $60M | $54M | $57M | 9.7% | 4.2% |
| Gross Margin | 36.5% | 32.7% | 33.7% | 3.8pp | 2.8pp |
| Net Margin | 15.6% | 23.8% | 13.3% | -8.2pp | 2.3pp |
| EPS (Diluted) | $0.58 | $0.93 | $0.51 | -37.6% | 13.7% |
| Free Cash Flow | $108M | $72M | $76M | 49.8% | 42.9% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $29M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $2M |
| EBIT | $60M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $29M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $2M |
| EBIT | $60M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$26.0K |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$386.0K |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $75M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $0 |
| Net Receivables | $132M |
| Inventory | $0 |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $432M |
| PP&E (Net) | $32M |
| Goodwill | $529M |
| Intangible Assets | $194M |
| Long-Term Investments | $209M |
| Tax Assets | $22M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $987M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $41M |
| Short-Term Debt | $989.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$989.0K |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $566M |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $753M |
| Retained Earnings | $207M |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $853M |
| Minority Interest | $0 |
| TOTAL EQUITY | $853M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $13M |
| Net Debt | -$194M |
