| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $183M | $169M | 0.4% | 8.5% |
| Op. Income | $57M | $61M | $69M | -5.5% | -17.1% |
| Gross Margin | 69.3% | 71.1% | 80.6% | -1.8pp | -11.4pp |
| Net Margin | 23.3% | 24.3% | 30.2% | -1.0pp | -7.0pp |
| EPS (Diluted) | $0.34 | $0.35 | $0.38 | -2.9% | -10.5% |
| Free Cash Flow | $71M | $38M | $50M | 86.5% | 42.7% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $23M |
| Operating Expenses | $70M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $57M |
| Interest Income | $173M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $0 |
| EBIT | $57M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $23M |
| Operating Expenses | $70M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $57M |
| Interest Income | $173M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $0 |
| EBIT | $57M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $815.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $133.0K |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $61M |
| NET CASH FROM INVESTING | $105M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$194.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $93M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $643M |
| Short-Term Investments | $1.8B |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $116M |
| Goodwill | $464M |
| Intangible Assets | $14M |
| Long-Term Investments | $12.1B |
| Tax Assets | $39M |
| Other Non-Current Assets | $169M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $38M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.2B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $687M |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $1.1B |
| Net Debt | $438M |
