| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $130M | $124M | 30.2% | 35.7% |
| Op. Income | $91M | $61M | $63M | 49.7% | 44.2% |
| Gross Margin | 81.4% | 78.8% | 82.5% | 2.5pp | -1.1pp |
| Net Margin | 44.3% | 38.7% | 42.2% | 5.5pp | 2.1pp |
| EPS (Diluted) | $1.96 | $1.32 | $1.39 | 48.5% | 41.0% |
| Free Cash Flow | $109M | $77M | $36M | 42.0% | 207.6% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $46M |
| Operating Expenses | $46M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $91M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $613.0K |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $10M |
| EBIT | $92M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $46M |
| Operating Expenses | $46M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $91M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $613.0K |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $10M |
| EBIT | $92M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$533.0K |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $78M |
| Net Receivables | $94M |
| Inventory | $0 |
| Other Current Assets | -$20M |
| TOTAL CURRENT ASSETS | $535M |
| PP&E (Net) | $155M |
| Goodwill | $147M |
| Intangible Assets | $60M |
| Long-Term Investments | $58M |
| Tax Assets | $58.0K |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $440M |
| TOTAL ASSETS | $976M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$22M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $643M |
| Treasury Stock | -$159M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $798M |
| Minority Interest | $0 |
| TOTAL EQUITY | $798M |
| TOTAL LIABILITIES & EQUITY | $976M |
| Total Debt | $96M |
| Net Debt | -$268M |
