| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $197M | $178M | $276M | 11.1% | -28.4% |
| Op. Income | $72M | $80M | $90M | -9.6% | -19.6% |
| Gross Margin | 63.6% | 64.7% | 45.9% | -1.0pp | 17.7pp |
| Net Margin | 37.1% | 42.5% | 26.7% | -5.4pp | 10.4pp |
| EPS (Diluted) | $1.52 | $1.56 | $1.52 | -2.6% | 0.0% |
| Free Cash Flow | $72M | $98M | $84M | -27.1% | -14.4% |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $11M |
| SG&A Expenses | $47M |
| Other Expenses | $6M |
| Operating Expenses | $53M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $72M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $6M |
| EBIT | $87M |
| EBITDA | $93M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $11M |
| SG&A Expenses | $47M |
| Other Expenses | $6M |
| Operating Expenses | $53M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $72M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $6M |
| EBIT | $87M |
| EBITDA | $93M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$361M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$341M |
| Net Debt Issuance | $190M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$754.0K |
| NET CASH FROM FINANCING | $171M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $14M |
| Net Receivables | $83M |
| Inventory | $300.0K |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $198M |
| PP&E (Net) | $129M |
| Goodwill | $151M |
| Intangible Assets | $209M |
| Long-Term Investments | $921M |
| Tax Assets | $9M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $13M |
| Short-Term Debt | $51M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $221M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $529.0K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$144M |
| Accum. Other Comp. Income | -$560.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $262M |
| Net Debt | $173M |
