| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $181M | $169M | 1.4% | 8.6% |
| Op. Income | $61M | $62M | $66M | -2.1% | -8.6% |
| Gross Margin | 71.1% | 71.2% | 82.0% | -0.1pp | -10.9pp |
| Net Margin | 24.3% | 25.7% | 10.7% | -1.4pp | 13.6pp |
| EPS (Diluted) | $0.35 | $0.36 | $0.13 | -2.8% | 169.2% |
| Free Cash Flow | $38M | $74M | $61M | -48.1% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $26M |
| Operating Expenses | $70M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $61M |
| Interest Income | $172M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $61M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $26M |
| Operating Expenses | $70M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $61M |
| Interest Income | $172M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $61M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $735.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$152M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $110M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $489M |
| Short-Term Investments | $1.8B |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $54M |
| Goodwill | $464M |
| Intangible Assets | $14M |
| Long-Term Investments | $12.2B |
| Tax Assets | $51M |
| Other Non-Current Assets | $183M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.2B |
| TOTAL CURRENT LIABILITIES | $12.2B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $662M |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $1.1B |
| Net Debt | $629M |
