| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $216M | $192M | 6.3% | 19.7% |
| Op. Income | $36M | $30M | $31M | 20.4% | 17.8% |
| Gross Margin | 27.3% | 29.7% | 31.7% | -2.4pp | -4.5pp |
| Net Margin | 13.0% | 11.1% | 11.8% | 1.9pp | 1.1pp |
| EPS (Diluted) | $0.79 | $0.63 | $0.61 | 25.4% | 29.5% |
| Free Cash Flow | $51M | $58M | $36M | -12.0% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $5M |
| Operating Expenses | $27M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $36M |
| Interest Income | $388.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $99.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $5M |
| Operating Expenses | $27M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $36M |
| Interest Income | $388.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $99.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $30.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $834.0K |
| NET CASH FROM FINANCING | $834.0K |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $156M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $317M |
| PP&E (Net) | $99M |
| Goodwill | $662M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $376.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $826M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $192M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $343M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $417M |
| Common Stock | $360.0K |
| Additional Paid-In Capital | $667M |
| Retained Earnings | $68M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $726M |
| Minority Interest | $0 |
| TOTAL EQUITY | $726M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $45M |
| Net Debt | -$87M |
