| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $155M | $271M | 14.2% | -34.6% |
| Op. Income | $80M | $29M | $91M | 172.4% | -12.3% |
| Gross Margin | 64.7% | 55.8% | 59.9% | 8.9pp | 4.8pp |
| Net Margin | 42.5% | 21.7% | 25.1% | 20.8pp | 17.4pp |
| EPS (Diluted) | $1.56 | $0.70 | $1.41 | 122.9% | 10.6% |
| Free Cash Flow | $98M | -$58M | -$3M | 268.0% | 3142.3% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $7M |
| SG&A Expenses | $34M |
| Other Expenses | $770.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $80M |
| Interest Income | $14M |
| Interest Expense | $575.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $4M |
| EBIT | $94M |
| EBITDA | $98M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $7M |
| SG&A Expenses | $34M |
| Other Expenses | $770.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $80M |
| Interest Income | $14M |
| Interest Expense | $575.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $4M |
| EBIT | $94M |
| EBITDA | $98M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $690.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $69M |
| Net Receivables | $51M |
| Inventory | $62M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $111M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $901M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $14M |
| Short-Term Debt | $36M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | -$6M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $110M |
| Common Stock | $527.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$125M |
| Accum. Other Comp. Income | -$453.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $60M |
| Net Debt | -$60M |
