| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $87M | $103M | -6.9% | -20.8% |
| Op. Income | $25M | $31M | $36M | -21.7% | -31.1% |
| Gross Margin | 40.7% | 44.9% | 43.5% | -4.1pp | -2.8pp |
| Net Margin | 34.5% | 29.1% | -13.9% | 5.4pp | 48.4pp |
| EPS (Diluted) | $0.55 | $0.50 | $-0.30 | 10.0% | 283.0% |
| Free Cash Flow | $43M | $44M | $49M | -1.9% | -12.8% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $437.0K |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $38M |
| EBIT | $25M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $437.0K |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $38M |
| EBIT | $25M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | -$7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$418.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$254.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $420M |
| Long-Term Investments | $61M |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | -$47M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $16M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
