| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $331M | $330M | $279M | 0.5% | 19.0% |
| Op. Income | $40M | $31M | -$28M | 32.5% | 243.5% |
| Gross Margin | 34.3% | 29.0% | 11.2% | 5.3pp | 23.1pp |
| Net Margin | 10.0% | 7.7% | -7.3% | 2.2pp | 17.2pp |
| EPS (Diluted) | $0.78 | $0.60 | $-0.50 | 30.0% | 256.0% |
| Free Cash Flow | -$80M | $109M | -$17M | -172.8% | -380.3% |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $218M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $73M |
| Operating Expenses | $73M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $45M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $218M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $73M |
| Operating Expenses | $73M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $45M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$115M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$342.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $122M |
| NET CASH FROM INVESTING | $122M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$120.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $6.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$6.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $60M |
| Goodwill | $49M |
| Intangible Assets | $177M |
| Long-Term Investments | $6.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $12.5B |
| Account Payables | $0 |
| Short-Term Debt | $135M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$135M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $298M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$298M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $481M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$486M |
| Accum. Other Comp. Income | $220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $433M |
| Net Debt | $408M |
