| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $142M | $144M | 1.4% | 0.2% |
| Op. Income | $34M | $36M | $44M | -5.0% | -21.3% |
| Gross Margin | 55.1% | 55.5% | 57.7% | -0.4pp | -2.6pp |
| Net Margin | 18.0% | 20.0% | 17.0% | -2.0pp | 0.9pp |
| EPS (Diluted) | $0.40 | $0.43 | $0.36 | -7.0% | 11.1% |
| Free Cash Flow | $32M | $34M | $45M | -4.4% | -28.5% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $80M |
| R&D Expenses | $18M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $34M |
| Interest Income | $278.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$901.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $34M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $80M |
| R&D Expenses | $18M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $34M |
| Interest Income | $278.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$901.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $34M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $3M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $894.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $1M |
| Net Receivables | $100M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $14M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $307M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $53.0K |
| Deferred Tax Liabilities | $53.0K |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $649.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $307M |
| Total Debt | $0 |
| Net Debt | -$99M |
